Ah, the capricious nature of Bitcoin! Yesterday, it danced upon the precipice of despair, plummeting three thousand dollars in a flash crash that left even the most stoic investors gasping for breath. Yet, here we are, clinging to the comforting embrace of $84,000, as if it were a warm blanket on a cold winter’s night.
Meanwhile, the altcoins, those fickle companions, find themselves slightly in the red, save for the gallant CRO and EOS, who have once again donned their capes and soared to impressive heights. How delightful it is to witness such audacity in the face of adversity!
BTC Dominance on the Rise
Last week, our noble Bitcoin ascended to a dizzying peak of $88,800, a moment of glory that was as fleeting as a summer romance. Alas, it could not maintain its lofty position and began a slow descent into the abyss of depreciation. The situation reached a nadir on Friday, when the floor gave way, and our beloved asset tumbled to $81,600, a tragic fall indeed.
Yet, like a phoenix rising from the ashes, Bitcoin clawed its way back during the weekend, only to be met with the harsh realities of the new business week, where it sank to a disheartening low of $81,200. But fear not! The bulls, those valiant warriors of the market, rallied to prevent a further descent below the ominous $80,000 mark. With renewed vigor, Bitcoin surged past $85,000, a triumphant return to form!
Curiously, data from Bitstamp reveals that Bitcoin experienced a flash crash to $81,200, a phenomenon not echoed on other exchanges like Binance. Nevertheless, our resilient Bitcoin now stands proudly at just over $84,000, with a market cap that towers at $1.670 trillion, a testament to its enduring dominance.
Indeed, Bitcoin’s supremacy over the altcoins is once again on the rise, nearing 60%, a figure that is more than 1.5% higher than the previous week. How splendidly ironic that in a world of chaos, one can still find a semblance of order!
CRO, EOS Shoot Up
As for the altcoins, they have turned a shade of crimson on this fine day, following yesterday’s remarkable gains. BNB, SOL, TON, LINK, DOE, ADA, and XRP all suffer minor losses, while SHIB, poor thing, has taken the hardest hit among the larger-cap alts. Such is the fickle nature of fortune!
In stark contrast, our heroes EOS and CRO have emerged as the champions of the day. EOS has soared by a staggering 20%, trading above $0.8, while CRO has climbed by a respectable 7.5%, now sitting comfortably above $0.105. Bravo, brave altcoins! 🎉
Yet, the total crypto market cap has shed a lamentable $40 billion since yesterday, now resting at a mere $2.8 trillion on CG. Such is the cruel jest of the market!
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2025-04-02 10:46