{"id":43684,"date":"2026-05-09T06:06:11","date_gmt":"2026-05-09T06:06:11","guid":{"rendered":"https:\/\/financialrush.com\/?p=43684"},"modified":"2026-05-09T06:06:11","modified_gmt":"2026-05-09T06:06:11","slug":"massive-double-digit-gains-from-these-alts-as-btc-returns-to-80k-weekend-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=43684","title":{"rendered":"Massive Double-Digit Gains From These Alts as BTC Returns to $80K: Weekend Watch"},"content":{"rendered":"

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\n\t\t\t\t\t\t\t\t\tONDO and JUP have stolen the show from the top 100 alts today. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n

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Bitcoin\u2019s price slide below $80,000 didn\u2019t last long, as the asset reclaimed that level yesterday following US President Trump\u2019s announcement of a three-day ceasefire between Ukraine and Russia.<\/p>\n

Many altcoins have produced a lot more impressive gains today, led by ONDO, SIREN, JUP, ICP, and VVV.<\/p>\n

BTC Taps $80K Again<\/h2>\n

Bitcoin\u2019s late April\/early May rally began at the end of the previous month when it had dipped to $75,000 following the latest FOMC meeting in which the Fed maintained the interest rates unchanged. In the following week, the cryptocurrency added roughly $8,000 to chart a three-month peak at $82,800.<\/p>\n

Following such an impressive run in relatively unstable market conditions, many analysts warned that BTC could be due for a correction as the environment didn\u2019t appear solid enough. This retracement transpired on Thursday and especially on Friday, when the asset fell<\/a> to $79,100, thus dropping by almost $4,000 from its local peak.<\/p>\n

Nevertheless, it rebounded swiftly, perhaps due to positive developments in the Ukraine\/Russia war, where US President Donald Trump announced<\/a> a three-day ceasefire.<\/p>\n

This means that its market capitalization has returned to just over $1.6 trillion on CG, while its dominance over the alts has been reduced to 58.1%.<\/p>\n

<\/a>
BTCUSD May 8. Source: TradingView<\/figcaption><\/figure>\n

Alts Rocket<\/h2>\n

Essentially, all alts have posted some gains today. Ethereum has reclaimed $2,300 after a minor increase, while XRP and BNB continue to fight for the fourth spot in terms of market cap. XRP has taken a slight lead after a 3% daily jump. SOL, ADA, LINK, and CC have jumped by 5-8%, while ZEC is up by 10% to $630. SUI, UNI, and NEAR are also well in the green.<\/p>\n

Even more impressive gains come from ONDO (25%), JUP (24%), ICP (20%), SIREN (19%), FIL (16%), VVV (15%), and ARB (13%).<\/p>\n

The cumulative market cap of all crypto assets has added more than $40 billion since yesterday\u2019s low and is up to $2.780 trillion on CG.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview May 9. Source QuantifyCrypto<\/figcaption><\/figure>\n

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