In the grand theater of cryptocurrency, Bitcoin, that capricious beast, has danced precariously on the edge of $107,000, only to be valiantly rescued by the bullish knights of the digital realm. Now, it finds itself perched at a lofty $108,500, a mere $1,500 above its recent nadir. How noble!
Meanwhile, Ethereum, that ever-ambitious sibling, has leaped over the $2,700 mark, while TON, the underdog of the day, has surged like a phoenix from the ashes, buoyed by whispers of a partnership between Telegram and the enigmatic xAI. Who knew that a mere rumor could send prices soaring?
Bitcoin’s Rollercoaster: Back to $108.5K
Ah, but let us not forget the recent past! Just last week, Bitcoin was on a meteoric rise, shattering its January 2025 all-time high and flirting with the tantalizing $112,000. Such heights! Yet, like a soap opera star, it fell from grace when the ever-controversial Donald Trump suggested new tariffs against the EU, sending Bitcoin tumbling down by a staggering $3,000-4,000. A dramatic twist indeed!
Yet, like a true champion, it clawed its way back over the weekend, only to flirt with the $107,000 mark once more. After a few tense moments of testing support, it has now bounced back to $108,500. The market capitalization remains a staggering $2.155 trillion, though its dominance over the altcoins has taken a slight hit, now resting at a mere 60.6%. Oh, the humanity!
TON’s 8% Surge: A Tale of Hope
In a twist of fate, the deal between Pavel Durov’s Telegram and Elon Musk’s xAI, though not yet signed, is rumored to be worth a whopping $300 million. The anticipation is palpable! TON’s price has reacted with a dramatic surge from below $3 to nearly $3.7, before settling at $3.33, still representing an impressive 8% increase. Who says dreams don’t come true?
Ethereum, too, has joined the party, boasting a commendable rise above $2,700. Meanwhile, PEPE has added a modest 6% to its value, while PI, poor PI, has plummeted by over 3%, teetering on the brink of $0.7. Such is the fickle nature of this digital bazaar!
As we gaze upon the total crypto market cap, it remains sluggish at around $3.560 trillion. A somber reminder that in this world of digital currency, fortunes can change with the flick of a wrist—or the tweet of a president.
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2025-05-29 12:40