SIREN has climbed back into the top 100 altcoins after an impressive 16 percent surge, while DOT has gained more than 10 percent over the past day.
Bitcoin’s price moved above 75,000 dollars earlier today before sellers pushed it lower by roughly 1,000 dollars. Meanwhile, most large cap altcoins delivered stronger performances, with XRP standing out as the top gainer among them.
Bitcoin Pulls Back After Testing 75,000
The leading cryptocurrency reached a local high close to 74,000 dollars on Saturday morning following a relatively optimistic week influenced by developments in the US Iran situation, where a ceasefire announcement supported market sentiment. However, the collapse of peace discussions over the weekend triggered a sharp correction that sent Bitcoin below 70,500 dollars.
Despite this decline, Bitcoin managed to hold the 70,000 dollar support level and surged again at the start of the business week after reports suggested both sides would continue working toward a lasting agreement. The price climbed to 74,800 dollars on Tuesday morning and later jumped to a monthly high of 76,000 dollars.
That level acted as resistance, pushing the price back below 74,000 dollars on Wednesday. A renewed upward move in the past 12 hours lifted Bitcoin to 75,500 dollars, but another rejection followed, bringing the price down by about 1,000 dollars.
Bitcoin’s market capitalization has now dropped slightly below 1.5 trillion dollars, while its dominance over altcoins remains above 57 percent.
Altcoins Record Strong Gains Across the Board
XRP posted the most notable gain among large cap altcoins, rising by 4 percent to reach 1.40 dollars. SOL and DOGE also recorded gains among the top 10 assets, while HYPE and ADA delivered even stronger performances within the top 20.
Other cryptocurrencies including BCH, LINK, XLM, LTC, and AVAX are also trading higher. Ethereum continues to hold above 2,300 dollars after a modest increase, while BNB remains above 620 dollars.
Several altcoins such as PEPE, DOT, NEAR, ICP, and AAVE have each gained more than 5 percent. SIREN has reentered the top 100 after a sharp 16 percent rally.
The total cryptocurrency market capitalization has increased by more than 40 billion dollars since yesterday’s low and now stands above 2.61 trillion dollars.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
