Bitcoins rather dull price actions as of late continued in the past 24 hours, even though the asset jumped slightly to over $109,500, where it was stopped almost immediately.

Most altcoins are in the green on a daily scale, with ETH closing down to $2,600 and XRP nearing $2.3.

BTC Taps Multi-Day Peak

The landscape around bitcoin has been quite stagnant since the start of the month. Recall that BTC traded at around $108,000 on July 1 but slipped in the following days to $105,000.

The bulls managed to defend that level and didnt allow a further breakdown. Just the opposite, the asset started to regain traction almost immediately and surged by several grand to a multi-week peak of roughly $110,500.

While it seemed that BTC is preparing to break out of its consolidation phase and aim for a new all-time high, its progress stalled and was pushed south to a familiar ground of around $108,000. It didnt make a move during the weekend until late Sunday evening when it finally started to pump.

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Invalid email address Your privacy is guranteed.Thanks for subscribing, you will get your first report in the next hours! The culmination, at least for now, transpired earlier today when bitcoin tapped a multi-day peak of $109,600. It faced another minor rejection there and now sits just under $109,000.

Its market cap has risen to $2.165 trillion on CG, while its dominance over the alts has taken a hit and is below 63% now.

DOGE Pumps

Most larger-cap alts are in the green today. Ethereum has neared $2,600 after a 2.6% daily jump, SOL is above $150 following a 3% surge, while HYPE is close to $40 after a similar increase .

Dogecoin has taken the main stage from the biggest alts, surging by over 5% to over $0.17. AAVE has jumped the most from the mid-cap alts and now sits at $286.

TON is among the few exceptions, having dropped by nearly 6% on a 24-hour scale after the UAE denied previous Toncoin claims about a golden visa partnership.

The total crypto market cap has added over $40 billion in a day and is up to $3.440 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).

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Cryptocurrency charts by TradingView.