Weekend Crypto Report: Crypto Market Sees ApeCoin’s Top 100 Comeback as Bitcoin Holds $68K
Over the weekend, ApeCoin (APE) made a notable comeback, re-entering the top 100 altcoins as the broader cryptocurrency market remained optimistic. Bitcoin (BTC) maintained its strong position, holding steady around the $68K mark, which further fueled positive sentiment across the market. Altcoins also saw significant movement, with several top-performing assets riding the wave of BTC’s momentum. As investor confidence grows, the crypto market is showing resilience, signaling potential for further gains in the coming days.
Bitcoin Hits $69.000 After a Volatile Week – What’s Next?
Bitcoin bounced up to $62,000 after falling below $59,000 on Thursday, so the weekend was uneventful. Bitcoin was even more erratic on Tuesday, rising to $68,000 before being rejected and knocked down three grand. By Wednesday, it had risen to $68,000 once more.
Over the next few days, the main cryptocurrency rose steadily, reaching $69,000 on Friday for the first time since the end of July. However, it hasn’t been able to get past that point and hasn’t gained much momentum since. However, Bitcoin continues to trade above $68,000 and has increased by 9.25% in the last week.
ApeCoin Surges Over 92%, Rises to 69th Place in Top 100 Altcoins by Market Cap
Following the introduction of its mainnet, ApeCoin rose by over 92.29% on a daily scale, making it the top performer in the last 24 hours, as reported earlier today. With a price tag of $1.42, APE has thus made a comeback to the top 100 largest alts by market capitalization. Rising to 69th place, APE’s trading volume also increased by 4299.48% to $1.36 billion in the last 24 hours. Moreover, its market capitalization also rose 95.31% to $1.08 billion.
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