Binance Coin Skyrockets, Bitcoin Finally Breaks $97K… What a Wild Weekend!

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So, it looks like Bitcoin decided to put on its big-boy pants and defended the $96,000 level during yesterday’s little hiccup. Now, it’s casually lounging a thousand dollars higher, like the weekend’s just a breeze. No big deal, right?

Meanwhile, the altcoins had their own little glow-up moment, and Binance Coin is leading the pack, strutting its stuff with a hefty surge. And for the record, SOL, AVAX, SUI, and a few others are in the mix too—nothing major, just making things interesting.

BTC’s Sunday Scaries: Back at $97K

Remember last weekend? Yeah, it was an absolute disaster for Bitcoin when President Trump started what could only be described as a “not-so-friendly” trade war with China, Canada, and Mexico. His lovely little tariffs sent the crypto market plummeting like a bad romance. Bitcoin dropped from $106,000 to $97,000. The horror.

Then Monday morning hit and *bam*—Bitcoin was lounging below $92,000. But not to worry, the bulls decided to stop whining and actually did something for once. They didn’t let Bitcoin fall below $90,000—oh no, Bitcoin got a mini facelift and shot back up to $102,000. Good job, bulls. We see you.

But then reality set in, and like a fashion trend that peaked too soon, Bitcoin couldn’t keep its run going. It fell back into the comfortable five-digit range and tried once more to break past $100,000 on Friday, but nope, that was rejected faster than a bad date.

It’s now chilling at around $97,000 after a tiny uptick, with a market cap of $1.925 trillion. Bitcoin’s dominance over altcoins is feeling a bit insecure, though—down to 58.2%. Who said Bitcoin wasn’t a bit moody?

BNB: The Overachiever

As for the altcoins, well, most of them are back to their red phase today. Ethereum is keeping it classy above $2,650 after a 2% nudge up. XRP is making a run for $2.5 after a modest 3.5% rise. And don’t even get me started on DOGE, LINK, ADA, and XLM. All the usual suspects. Nothing to write home about.

But then—BAM! Binance Coin comes out of nowhere, like that one friend who always has the best news. BNB has surged by nearly 12% in the past 24 hours and is now at $645. Look at that glow-up.

As for the other overachievers in the top 100, FLOKI (14%), IMX (13%), FET (12%), TIA (11%), and RENDER (10%) all showed up to the party with their gains. The crypto market cap as a whole added $80 billion and is now at a cool $3.3 trillion. Yep, that’s right—$3.3 trillion. No biggie.

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2025-02-09 12:19