Bitcoin’s price movements over the weekend culminated in a rally that pushed the asset to a new all-time high of $106,500, but it has fallen about two thousand dollars since then.
Most altcoins are slightly slow on a daily basis, with the exception of LINK, SUI, and AAVE, all of which have seen impressive gains.
BTC’s latest spike
After the two price drops at the start of the previous business week, both of which pushed BTC down to $94,400, the cryptocurrency went on the offensive and climbed to around $100,000 on Thursday.
Following some uncertainty at this level, the asset surpassed it on Friday and hasn’t really looked back since. It hovered around $102,000 over the weekend, and after a few failed breakout attempts, it managed to surpass it during the early morning Asian trading session.
Perhaps fueled by some positive comments from Donald Trump and the growing number of whale wallets, BTC surged to a new all-time high of $106,500 (on Bitstamp). However, it has lost some strength since then and is now around two thousand dollars lower.
Its market cap reaches $2.07 trillion on CoinGecko, while its altcoin dominance is close to 54%.
SUI hits new high
Most larger-cap alternative assets saw either small gains or insignificant losses over the past day. ETH is slightly in the green, trading above $3,900, while XRP, SOL, BNB, DOGE, ADA, TRX, and AVAX are down around 1-2% each.
On the other hand, LINK and AAVE appeared among the best performers, with an increase of 4% and 5% respectively. SUI jumped over 6% and is above $4.7. Additionally, according to CoinGecko data, it also hit a new all-time high a few hours ago at over $4.9.
The total crypto market cap added around $80 billion since yesterday and reached $3.850 trillion on CG.
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Cryptocurrency charts by TradingView.
