Bitcoin's price has stabilized around $28,000 after experiencing increased volatility last week. Most altcoins have followed a similar trend, with minor downward movements. Avalanche has declined the most today but remains above $10.
BTC's market cap stands at $545 billion, and its dominance over altcoins has increased by 0.1%, nearing 50% on CoinMarketCap. In the altcoin space, Binance Coin, Solana, Cardano, Toncoin, Polygon, and Polkadot have all retraced by 1-3%. Ethereum, Ripple, Dogecoin, Tron, Litecoin, and Bitcoin Cash have lost up to 1%. Avalanche, which was among the top performers recently, is down by 5.5%, possibly due to adverse developments in one native project. However, AVAX still trades above $10.
On a weekly scale, Trust Wallet Token leads the way with a 27% weekly surge to $1. RNDR and BSV follow suit, with 17% and 11%, respectively. The total crypto market cap has yet to surpass the $1.1 trillion mark and remains just below it.
BTC's market cap stands at $545 billion, and its dominance over altcoins has increased by 0.1%, nearing 50% on CoinMarketCap. In the altcoin space, Binance Coin, Solana, Cardano, Toncoin, Polygon, and Polkadot have all retraced by 1-3%. Ethereum, Ripple, Dogecoin, Tron, Litecoin, and Bitcoin Cash have lost up to 1%. Avalanche, which was among the top performers recently, is down by 5.5%, possibly due to adverse developments in one native project. However, AVAX still trades above $10.
On a weekly scale, Trust Wallet Token leads the way with a 27% weekly surge to $1. RNDR and BSV follow suit, with 17% and 11%, respectively. The total crypto market cap has yet to surpass the $1.1 trillion mark and remains just below it.