Dogecoin (DOGE) Jumps 5% Daily, Bitcoin (BTC) Rises Above $61K (Weekend Watch)
Release: 2024/08/11 16:19 Reading: 488
Bitcoin and Altcoins Show Stability Over the Weekend
Bitcoin's fluctuations have subsided over the weekend, hovering around $61,000. Altcoins have largely gained, with BNB and DOGE leading the surge among larger caps.
BTC Above $61K
The past weekend witnessed a sharp decline in Bitcoin's value, plummeting from $66,000 on Friday to $49,500 on Monday. However, the asset has since recovered, reaching a high of almost $63,000 on Friday.
Despite a slight retracement, BTC has remained above $61,000 for the past 24 hours. Its market capitalization has exceeded $1.2 trillion, although its dominance over altcoins has slightly decreased to just under 54%.
DOGE Shoots Up
Altcoins have experienced gains over the past 24 hours, with DOGE leading the charge. The meme coin has surged by 5%, reaching $0.11. BNB has also posted an impressive gain of over 4%, pushing it above $530.
Other notable gainers include ETH, SOL, XRP, ADA, AVAX, SHIB, and BCH. However, TON has lost value among larger-cap alts.
The total crypto market capitalization has increased by $20 billion, now standing at $2.245 trillion on CG.
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