Yeliz Akmaca 
The crypto market experienced volatility over the weekend, pushing the total market capitalization above $3.7 trillion. However, around $500 billion in value was lost over the past week. Bitcoin dropped below $104,000 on most exchanges, marking the lowest level in months and raising concerns among investors.
Altcoins such as ETH, BNB, XRP, SOL, and DOGE also faced sharp declines, with ASTER and HYPE tokens standing out for their notable losses. Bitcoin price swings created uncertainty across the crypto market.
Bitcoin Stabilizes at $107,000
Earlier in the week, Bitcoin fell from $122,000 to $110,000, dipping to $101,000 on some exchanges. It recovered slightly over the weekend, staying above $110,000. During the workweek, it reached $116,000 before suddenly dropping back to $110,000. Ethereum trades at $3,875, while ZBT coin rose 31% and HYPER gained 25%.
After support broke on Thursday, Bitcoin dropped first to $108,000, then below $104,000. Comments from U.S. President Trump regarding tariffs on China being temporary helped Bitcoin retest $106,000, eventually settling at $107,000.
Altcoin Losses and Market Movements
Altcoins were largely affected by Bitcoin’s decline:
-
ETH fell below $3,900
-
BNB lost 3%, dropping below $1,100 support
-
TRX, DOGE, ADA, LINK, HYPE, BCH, SUI, AVAX, and HBAR declined
-
XRP, SOL, and XLM saw minor gains
Notable losses include COAI (-17%), AAVE (-5.3%), and ASTER (-5%), while ENA (+16.5%) and TAO (+11%) posted gains. These trends indicate ongoing market volatility for investors.
Key Highlights
-
Bitcoin steadied at $107,000
-
ASTER and HYPE saw significant losses
-
General altcoin downtrend persists
-
Crypto Market cap remains around $3.7 trillion
-
Weekly losses approximate $500 billion
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.