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Bitcoin’s Wild Weekend Ride

by Natalie Christie

The crypto market had a volatile weekend, with Bitcoin (BTC) dropping to $23,400 before recovering most of its losses and currently sitting close to $25,000. The asset had previously surged to a six-month high above $25,000, only to be pushed back down by the bears. Ethereum, Binance Coin, Ripple, Cardano, OKB, Dogecoin, and Polkadot are all in the green, with Solana leading the pack with a 12% increase. Stacks, meanwhile, has skyrocketed by over 50% to well above $0.6. The Ordinals NFTs have been a hot topic in the cryptocurrency community, and it’s no surprise that projects related to them have seen a surge in value. The crypto market cap has remained above $1.1 trillion after a minor daily increase. Despite the volatility, Bitcoin’s dominance over the alts is slightly down on the day to 42.2%.

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