financetom
Cryptocurrency
financetom
/
Cryptocurrency
/
Bitcoin Dominance Rises as BTC Price Calms at $84K (Market Watch)
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Bitcoin Dominance Rises as BTC Price Calms at $84K (Market Watch)
Apr 2, 2025 1:08 AM

Bitcoins price went on a volatile ride yesterday, which even included a flash crash by three grand on certain exchanges, but has remained at around $84,000 now.

The altcoins are slightly in the red, aside from CRO and EOS, as both have charted impressive gains once again.

BTC Dominance on the Rise

The primary cryptocurrency had a good run last week when its price shot up to $88,800 to mark a multi-week peak. However, it couldnt penetrate that level and started to lose value gradually in the next few days. The situation worsened on Friday when BTCs floor gave in and the asset dropped to $81,600.

It managed to recover some ground during the weekend, but that was short-lived. The start of the current business week was also painful, with a price drop to a weekly low of $81,200.

The bulls finally stepped up at this point and didnt allow a further breakdown below $80,000. In fact, BTC started to gain traction and jumped beyond $85,000 for the first time since Friday.

Alicia BakeryCMO - A really good agencyDid you like this market update?

This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

Invalid email address Your privacy is guranteed.Thanks for subscribing, you will get your first report in the next hours! Interestingly, data from Bitstamp shows that bitcoin flash-crashed to $81,200, while the same cannot be found on other exchanges, like Binance. Nevertheless, BTCs current price is just over $84,000, and its market cap stands tall at $1.670 trillion.

The assets dominance over the alts is on the rise again by nearing 60%, which is more than 1.5% higher than the numbers from last week.

CRO, EOS Shoot Up

Most altcois have turned red on a daily scale after yesterdays impressive gains. BNB, SOL, TON, LINK, DOE, ADA, and XRP are all with minor losses. SHIB has dropped the most from the larger-cap alts.

In contrast, EOS and CRO have emerged as todays top performers. EOS has jumped by double digits (20%) and trades above $0.8, while CRO is up by 7.5% and sits north of $0.105.

The total crypto market cap has shed about $40 billion since yesterday and is down to $2.8 trillion on CG.

Cryptocurrency Market Overview. Source: QuantifyCrypto SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Mar 22, 2024
Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...
Montenegro’s Court of Appeal Upholds Ruling on Do Kwon’s Extradition to South Korea
Montenegro’s Court of Appeal Upholds Ruling on Do Kwon’s Extradition to South Korea
Mar 21, 2024
After a series of back-and-forths regarding Do Kwons extradition, it appears that the Terraform Labs co-founder and former CEO may finally be handed over to South Korean authorities after the Appellate Court of Montenegro confirmed a previous decision to extradite him to his native country. Terraform Labs’ Chief Executive Officer, who was arrested in March 2023 with Kwon in Montenegro,...
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Mar 22, 2024
The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...
This Trending Meme Coin Explodes 50% Daily: Details
This Trending Meme Coin Explodes 50% Daily: Details
Mar 22, 2024
TL;DR Meme coins on the Solana blockchain have shown potential for high profits, with instances of substantial investment returns highlighted. Despite these opportunities, the inherent volatility of meme coins underscores a considerable risk of losses. Meme coins built on the Solana blockchain have been thriving in the past several months, with the sector spewing new ones quite frequently. Todays best...
Copyright 2023-2025 - www.financetom.com All Rights Reserved