BPOI Banner
HBAR Skyrockets by 20% Daily, BTC Price Flirts With $100K (Weekend Watch) HBAR Skyrockets by 20% Daily, BTC Price Flirts With $100K (Weekend Watch)

HBAR Skyrockets by 20% Daily, BTC Price Flirts With $100K (Weekend Watch)

Bitcoin’s volatile price movements continue as the asset jumped to $102,000 yesterday but was stopped there and pushed south by a few grand.

The altcoin space is well in the green now after the Friday morning correction, including XRP, which has finally reclaimed the $2.4 level.

BTC Looks Toward $100K

It was another historic week in the cryptocurrency markets as bitcoin did what many thought throughout the years as impossible. After dumping $93,500 on Tuesday and $94,500 on Wednesday, the primary digital asset resumed its bull run on Thursday and skyrocketed by almost ten grand. As such, it managed to break through the coveted $100,000 line and jumped to a mark a fresh all-time high of $103,800.

After breaking into uncharted six-digit territory, the asset faced a massive flash crash. Perhaps due to the large number of leveraged positions, bitcoin slumped hard by over ten grand and dumped briefly to $92,000 on Friday morning.

However, it bounced off and started to regain traction almost immediately. As such, it jumped past $100,000 once again on Friday evening and tapped $102,000. Another rejection followed, and BTC now stands inches below the six-digit mark.

Its market capitalization has retraced to just under $2 trillion on CG, while its dominance over the alts is down to 51.4%.

Bitcoin/Price/Chart 7.12.2024. Source: TradingView

HBAR Enters Top 20

The altcoins faced similar enhanced volatility on Friday morning but have turned green now. Ethereum even managed to break past $4,000 yesterday evening but has slipped to just under that level now. XRP was among the poorest performers in the past couple of days but has jumped by 6% since yesterday and is above $2.4.

Other daily gainers include BNB, DOGE, ADA, SHIB, XLM, LINK, and APT. HBAR has stolen the show once again by surging by almost 20% daily. Moreover, the asset has gained 100% on a weekly scale and a mindblowing 590% on a monthly.

The total crypto market cap remains close to its peak at just under $3.850 trillion.

Cryptocurrency Market Overview. Source: Coin360
Cryptocurrency Market Overview. Source: QuantifyCrypto
SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Source link

Jordan Lyanchev

https://cryptopotato.com/hbar-skyrockets-by-20-daily-btc-price-flirts-with-100k-weekend-watch/

2024-12-07 09:59:00

bitcoin
Bitcoin (BTC) $ 95,839.68 1.12%
ethereum
Ethereum (ETH) $ 3,352.60 0.17%
tether
Tether (USDT) $ 0.999172 0.10%
xrp
XRP (XRP) $ 2.22 0.81%
bnb
BNB (BNB) $ 664.67 0.31%
solana
Solana (SOL) $ 186.13 2.19%
dogecoin
Dogecoin (DOGE) $ 0.320785 1.11%
usd-coin
USDC (USDC) $ 1.00 0.17%
cardano
Cardano (ADA) $ 0.908688 1.28%
staked-ether
Lido Staked Ether (STETH) $ 3,346.15 0.15%
tron
TRON (TRX) $ 0.247907 0.89%
avalanche-2
Avalanche (AVAX) $ 37.78 0.84%
chainlink
Chainlink (LINK) $ 23.12 4.30%
the-open-network
Toncoin (TON) $ 5.50 3.48%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,976.56 0.39%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 2.04%
sui
Sui (SUI) $ 4.41 1.14%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,465.58 1.18%
stellar
Stellar (XLM) $ 0.364351 3.25%
polkadot
Polkadot (DOT) $ 7.06 1.49%
hedera-hashgraph
Hedera (HBAR) $ 0.266586 5.79%
hyperliquid
Hyperliquid (HYPE) $ 29.36 16.05%
weth
WETH (WETH) $ 3,351.02 0.21%
bitcoin-cash
Bitcoin Cash (BCH) $ 456.67 0.77%
leo-token
LEO Token (LEO) $ 9.40 0.92%
uniswap
Uniswap (UNI) $ 14.21 3.09%
litecoin
Litecoin (LTC) $ 104.27 4.96%
pepe
Pepe (PEPE) $ 0.000018 4.70%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,534.69 0.22%
near
NEAR Protocol (NEAR) $ 5.18 3.70%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.18%
bitget-token
Bitget Token (BGB) $ 4.14 0.40%
usds
USDS (USDS) $ 1.00 0.02%
aptos
Aptos (APT) $ 9.40 0.66%
aave
Aave (AAVE) $ 328.98 10.65%
internet-computer
Internet Computer (ICP) $ 10.25 2.18%
crypto-com-chain
Cronos (CRO) $ 0.157553 0.99%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.487284 2.58%
mantle
Mantle (MNT) $ 1.20 3.56%
ethereum-classic
Ethereum Classic (ETC) $ 26.72 2.64%
vechain
VeChain (VET) $ 0.047049 3.95%
render-token
Render (RENDER) $ 7.28 3.20%
monero
Monero (XMR) $ 191.90 1.93%
mantra-dao
MANTRA (OM) $ 3.72 3.23%
whitebit
WhiteBIT Coin (WBT) $ 24.48 1.06%
bittensor
Bittensor (TAO) $ 466.19 2.76%
dai
Dai (DAI) $ 1.00 0.01%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.30 3.18%
arbitrum
Arbitrum (ARB) $ 0.770173 3.13%
ethena
Ethena (ENA) $ 1.08 5.69%