BTC’s Calm Dance & XLM’s Stellar Soirée: A Weekend to Remember 🌟💰

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After a week as tumultuous as a French farce, our dear Bitcoin (BTC) has found its footing, perched gracefully above the $86,000 mark. Ah, the noble BTC, a true survivor of the market’s whims and fancies!

But lo and behold, while BTC takes a well-deserved breather, a humble altcoin named XLM (Stellar) has decided to steal the spotlight with a surge that would make even the most seasoned trader blush. Rising past the $0.3 mark, XLM is the belle of the ball, leaving others in the dust.

One mustn’t forget the dramatic tale of BTC’s recent adventures. Just a fortnight ago, BTC flirted with the $100,000 mark, only to be rudely sent packing to $96,000. The real drama, however, unfolded on Tuesday morning, when BTC took a nosedive to $86,000. A brief respite to $89,000 was quickly followed by another plunge to $82,000. The market, it seems, is a fickle lover, and BTC’s heart was tested once more on Thursday and Friday, with a final crash to $78,000.

But fear not, dear readers, for BTC has risen from the ashes, now sitting a comfortable $8,000 higher. Its market cap, like a well-guarded fortress, stands firm at $1.7 trillion, and its dominance over the altcoins remains unchallenged at 58%.

While BTC has found its peace, the altcoins have been on a rollercoaster ride. XRP, the ever-graceful dancer, has risen 5% to $2.3. ADA, with its steadfast resolve, holds strong at $0.65. SOL, BNB, DOGE, LINK, and SIU have all joined the party, each with their own modest gains. But the star of the show, XLM, has soared by 7.5% in a single day and a staggering 30% since Friday’s low, reaching the dizzying heights of $0.32.

ETH, LTC, and TRX, on the other hand, have had a more subdued performance, with only minor losses to report. Yet, the total crypto market cap has risen by over $250 billion since Friday, though it still falls short of the $3 trillion mark.

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2025-03-02 11:21