Ah, the illustrious Bitcoin! Just yesterday, it flirted with the tantalizing figure of $111,000, only to retreat like a bashful suitor, settling down at a cozy $109,000. How romantic! 💔
Meanwhile, the altcoins seem to be in a state of existential crisis, with the exception of SUI, which has decided to throw a party with a 6% surge, while our dear Monero (XMR) has taken a nosedive that would make even the most seasoned diver envious. 🤿
BTC Calms at $109K
Last week, Bitcoin had a moment of glory, breaking through the $109,000 barrier like a triumphant hero, reaching a peak of nearly $110,000. But alas, that was merely a fleeting moment of fame! 🌟
After a brief and violent tantrum, BTC soared to almost $112,000 on Thursday, which, coincidentally, was Bitcoin Pizza Day! 🍕 What a way to celebrate, right? But then, like a soap opera plot twist, President Trump decided to sprinkle some tariffs on the EU, causing Bitcoin to tumble down by over three grand in mere minutes. Talk about a dramatic turn of events! 🎭
Yet, the bulls, those brave knights of the crypto realm, intervened! They wouldn’t let our beloved Bitcoin fall into despair. After a quiet weekend, it climbed back to $110,500 on Monday, only to drop to $107,500 before eyeing that elusive $111,000 again yesterday. Spoiler alert: it didn’t make it! Now, it’s back to $109,000, with a market cap that has slightly declined to $2.165 trillion. Its dominance over the altcoins is just shy of 61%. 🏆
XMR Slumps
In the grand theater of cryptocurrencies, the most dramatic performances today come from XMR and QNT. Monero, poor thing, has slumped by almost 12%, trading below $350, while QNT has decided to shine, gaining 11% and sitting pretty close to $120. What a contrast! 🎭
SUI, the overachiever, is basking in the limelight after some promising news regarding the Cetus hack. It’s up by 6% and trading above $3.7. Bravo! 👏
Meanwhile, the other larger-cap alts, such as SOL, DOGE, ADA, XRP, TRX, HYPE, SHIB, and their friends, are slightly in the red. ETH and BNB are just hanging around with insignificant gains, like wallflowers at a dance. 💃
The total crypto market cap remains stagnant, hovering around $3.560 trillion, as if it’s waiting for something exciting to happen. ⏳
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2025-05-28 12:23