Aptos (APT) explodes by 20 %weekly, Bitcoin (BTC) stagnates $ 26.5,000 (weekend observation)

Aptos (APT) explodes by 20 %weekly, Bitcoin (BTC) stagnates $ 26.5,000 (weekend observation)

Bitcoin has finally calmed down and remained relatively stagnating at around $ 26,500 after the massive volatility during the business week.

Most old coins are in a similar state with insignificant daily growth or declines, with the exception of apt, which has risen by 6 % today.

BTC stagnates at $ 26.5,000

The last weekend was quite uneventful for the primary cryptocurrency, apart from a short pump and dump at around $ 26,000. Thus, the asset started the working week, which lasted for a few more days.

The US VPI numbers on Wednesday did not really change that, since BTC remained in a tight range with just over $ 26,000. The decision of the Fed to suspend its interest rate policy also had no effect on Bitcoin, but only first.

The asset collapsed sharply just a few hours after the Fed's announcement and fell to a three-month low of less than $ 24,800 on Friday. When the markets lost billions of dollars within a few days and the fear returned, the bulls finally intervened and did not allow any further declines.

Possibly heated by Blackrock's application for a Bitcoin-Spot-ETF, the cryptocurrency first recovered many times over before shot at a weekly high of $ 26,800 on Saturday morning.

Since then he has lost some traction, but is still traded at around $ 26,500. Its market capitalization is $ 515 billion and its dominance compared to the old coins is just over 48 %.

Btcusd. Tradingview

apt steals the show

The alternative coins experienced a similar volatility during the week, but were able to make up for most of the losses in yesterday's increase. Ethereum, for example, had fallen to just over $ 1,600, which was a four-month low. On Saturday he rose to $ 1,750, but has fallen 1 % since then.

Binance Coindas was most damaged after the complaint of the SEC against Binance, a few days ago with $ 222, a six-month low, but is now almost $ 250.

ripple and pole cadot are slightly in the green area compared to the old coins with larger market capitalization, while Cardano, Dogecoin, Tron, Solana, Polygon and Litecoin have to accept slight losses. Shiba Inu has increased by over 4 %.

aptos has increased the most from the top 100. APT has increased by 6 % and is traded over $ 7.

The entire crypto market capitalization has remained relatively stable at $ 1.070.

Overview of the cryptocurrency market. Quantify crypto