\n\t\t\t\t\t\t\t\t\tNEAR, RENDER, DOT, and VET are among the other double-digit gainers today.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Bitcoin\u2019s price dipped below $100,000 once again yesterday, but the bulls managed to step up and didn\u2019t allow another breakdown.<\/p>\n
Many altcoins have rebounded in a more impressive manner, including ETH, which neared $3,500 again, and XRP, which is above $2.30.<\/p>\n
BTC Bounces Above $102K<\/h2>\n
The business week began on the wrong foot for the primary cryptocurrency. It tapped $111,000 last Sunday, but the bears took<\/a> complete control of the market on Monday and didn\u2019t let go for days. At first, the asset slipped to $104,000, and after a brief and unsuccessful recovery attempt, it started to lose value once again on Tuesday.<\/p>\n The culmination occurred when it slumped below $100,000 for the first time since June and bottomed at just under $99,000. It bounced off in the following days but was quickly stopped<\/a> at $104,000 on Wednesday. The overall bearish sentiment continued, and BTC dipped<\/a> to a five-digit price territory once again on Friday.<\/p>\n This time, the bulls managed to intervene before bitcoin dropped to $99,000. Its recovery attempt was similar as the asset jumped to $104,000 on Friday evening. It has been unable to continue upward and now sits about a grand and a half lower.<\/p>\n Its market cap has rebounded to nearly $2.050 trillion on CG, while its dominance over the alts has dumped from 58.2% to 57.6% in a day.<\/p>\n The declining BTC dominance means one thing \u2013 many altcoins have outperformed it. FIL is the undisputed leader, with a massive 50% surge that has pushed it to over $3.30 as of press time. On a weekly scale, the asset has gained more than 110%.<\/p>\n NEAR follows suit with a 22% pump. RENDER, VET, DOT, UNI, LTC, and WLD complete the double-digit price gainer club.<\/p>\n Many of the larger-cap alts have posted impressive increases over the past day as well. ETH is up by 5% to nearly $3,450, while XRP has reclaimed $2.30 after a 5.6% pump. BNB is close to $1,000, while DOGE has surged by more than 9%. ADA, LINK, SUI, XLM, and AVAX are also well in the green.<\/p>\n The total crypto market cap has recovered more than $100 billion daily and is up to $3.550 trillion now.<\/p>\n 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.<\/span><\/span><\/p>\n<\/div>\nFIL on the Rise<\/h2>\n
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