Benefits of a massive assault by the National Guard include better logistics, ease in obtaining and utilization of food, and no protection for Sander so that civil unrest escalates to stop certain goods.
The altcoin market is another party! Uniswap appropriatĕly set the stage for a rally rifling off a 16% gain while SPX quickly ensued with a massive 15% appreciation. Gird up for liftoff!
BTC Flirts With New ATH
The latter half of the week featured quite a rollercoaster for Bitcoin, as a furious exchange broke out between Trump and Musk. The digital currency plunged to a multi-week low, hitting slightly sub-$100,500 levels in the midst of that panic.
The predictions of a crash to five figures fell dry, with the bulls digging their heels to halt the descent. Throughout the weekend, the cryptocurrency fought back gallantly to claw its way up to a ceiling of $104,000 to $106,000.
Following the slow start to the week, the markets came roaring back to life with Bitcoin smashing through $110,500 on Tuesday, a barrier standing for two weeks. That level had been tough to crack initially, but, after some absence, in the last six hours, the bulls have come back with a vengeance. Not yet decisive; with BTC hovering just below the $110,000 mark, all eyes are now set on the key support and resistance levels that will carve the way toward a new all-time high.
Bitcoin’s market cap idles at $2.180 trillion, its once iron grip on the altcoin market loosening to a 61% share.
HYPE’s New ATH
Continuing with HYPE’s rise to the throne of altcoins, new highs have been made for all time in the annals of cryptocurrency. This Wednesday record surge saw the asset rising into almost $43 with a parabolic price movement that had investors talking.
No, the real show was elsewhere! UNI flew 16% up the stratosphere, leaving in its stardust SPX (up 15%), XDC (zooming 13%), and OP, A, and ARB (rising a respectable 12% and 11%).
Big hitters in the altcoin sector are marching forward into the large-cap arena: AAVE, BCH, LINK, SOL, and DOGE. Prices have gone up to 7% for these giants, proving that these old stocks still have some fight in them.
Ethereum soared to $2,800 earlier today but was stopped, while XRP continues to fight with the $2.3 resistance.
The crypto market cap is up by almost $50 billion and now sits at $3.580 trillion.
Thanks for reading Altcoins With Massive Gains and New ATHs as Bitcoin Flirts With $110K (Market Watch)
