Bitcoin’s price has settled at around $27,000 after dipping below that level on a few occasions during the working week.<\/p>\n
Most altcoins are also quiet today, aside from Tron, which has skyrocketed by double digits.<\/p>\n
BTC Calm At $27K<\/h2>\n
Although Monday started on a highly positive note, after the US government’s debt ceiling deal and BTC skyrocketed to a two-week high at $28,500, the week didn’t turn out all that well for the asset.<\/p>\n
It was rejected there, which brought it back down to $28,000 at first. However, a one-grand price dump followed, which pushed it south to $27,000. The following two days delivered a few more price dips, the second of which took BTC to a weekly low<\/a> of $26,500 on Friday.<\/p>\n Nevertheless, BTC managed to bounce off rather rapidly and reclaimed<\/a> $27,000 by the end of the day. It has remained relatively still since then and currently sits inches above that line.<\/p>\n As such, the cryptocurrency’s market capitalization has remained at the same level as yesterday \u2013 just over $525 billion. Its dominance over the alts, though, has taken another minor hit and is down under 46%.<\/p>\n The altcoins have also calmed on a 24-hour scale, similar to bitcoin. Ethereum went on a trip south of $1,900 during the week but has managed to reclaim that level after a few consecutive minor daily increases.<\/p>\n Ripple and Cardano have jumped by around 1-2% in the past 24 hours, while DOGE, SOL, LTC, and DOT are up by under 1%.<\/p>\n Tron, on the other hand, has taken the spotlight with a massive 10% daily surge. As a result, TRX trades at almost $0.085.<\/p>\n Lido DAO’s native token has also jumped by an impressive percentage \u2013 5%. Consequently, the LDO has neared $2.3.<\/p>\n The total crypto market cap has added around $10 billion in a day and is close to $1.150 trillion.<\/p>\nTRX steals the spotlight<\/h2>\n
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