After the late-business week pump and dump that drove BTC to a six-day high, the cryptocurrency has returned to $26,000 as it did during the last weekend as well.<\/p>\n
Most altcoins are also calmer today, with XRP and SHIB standing out as the top performers from the larger-cap ones.<\/p>\n
BTC Back to $26K<\/h2>\n
August 17 became one of the worst trading days for bitcoin this year when the primary digital asset plummeted by over $3,000 to register a two-month low of just over $25,300. It managed to bounce off rather quickly and reclaimed $26,000 by the time the weekend had arrived.<\/p>\n
The next several days were quiet as BTC failed to move in either direction. A more notable price dip came on Wednesday, followed by an immediate surge<\/a> to a six-day high of $26,800.<\/p>\n However, bitcoin failed to reclaim<\/a> the $27,000 level, and the subsequent rejection pushed it back down to $26,000 on Friday. The past 24 hours have been uneventful as well, and the cryptocurrency stands at around $26,000 once again.<\/p>\n Its market capitalization stands at the same spot as yesterday \u2013 $507 billion, and so does the market dominance \u2013 at 48.3%.<\/p>\n Most altcoins mimicked BTC\u2019s performance for the past 10 days or so, meaning they dumped last week, tried to recover in the following days but mostly traded sideways.<\/p>\n The past 24 hours were quite boring once again. Minor daily gains are evident from the likes of Ethereum, Binance Coin, Ripple, Dogecoin, Tron, Polkadot, Shiba Inu, and Litecoin.<\/p>\n In contrast, Cardano and Solana have shed about 2% of their value on a daily scale. As a result, ADA sits at $0.25, while SOL is close to breaking below $20.<\/p>\n SUI is the top performer on a daily scale, having surged by 9%. The asset is up by 20% within the past week, similar to Shiba Inu\u2019s BONE.<\/p>\n Overall, though, the crypto market cap has remained sluggish at around $1.050 trillion.<\/p>\nSUI, BONE Surge 20% Weekly<\/h2>\n
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