So, Bitcoin, right? It’s like that friend who can’t decide if they want to go to the party or just stay home and binge-watch Netflix. On Monday, it decided to take a nosedive—ten grand, just like that! 💸 But wait, it’s back up again! What a surprise! It’s like a bad relationship; you just can’t quit it!
And the altcoins? Oh boy, they’re like the sidekicks in this drama. They followed Bitcoin’s lead, doing their own little dance of massive price swings. But hey, at least they’re mostly in the green now. I mean, who doesn’t love a little green, right? 🌱
BTC’s Down and Up
So, Bitcoin was feeling pretty good after the US Federal Reserve decided to keep interest rates unchanged. It shot up past $106,000—like it just won the lottery! 🎉 But then, like a balloon losing air, it started to deflate on Saturday. Classic!
Then came the weekend, and what do you know? Trump decided to throw some tariffs around like confetti at a wedding. BTC didn’t like that one bit and dropped from $102,000 to $97,000. Talk about a mood swing! 😱
But Monday morning? Oh, it was a real shocker! BTC plummeted to $91,300. I mean, who needs a rollercoaster when you have Bitcoin? It bounced back to $96,000, then decided to go all-in again, spiking above $102,000 after the US and Mexico decided to take a timeout on those tariffs. It’s like watching a soap opera, folks! 📺
Now, it’s back below $99,000. Can’t we just settle down already? Its market cap is back to $1.950 trillion, and it’s flexing its dominance over the altcoins at 58.5%. What a show-off! 💪
Alts Back in Green
Now, let’s talk about the altcoins. They had a rough day yesterday—double-digit losses that would make anyone cry. But look at them now! ETH is up to $2,700 after a 6% increase. XRP, which was below $2, is now at $2.5. It’s like they’re all trying to prove a point! 🙌
Solana, Dogecoin, Chainlink, Cardano, Avalanche, Stellar, Sui, HBAR, and Shiba Inu are all partying hard with notable increases. Meanwhile, TON is down another 3.5%, and TRUMP? Oh, it’s down 6% in a day and over 40% weekly. Ouch! 😬
The total crypto market cap has bounced back by $250 billion since yesterday’s low. It’s now at $3.350 trillion. Just another day in the wild world of crypto! 🎊
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2025-02-04 13:04