{"id":214751,"date":"2026-08-18T10:41:14","date_gmt":"2026-08-18T10:41:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=214751"},"modified":"2026-08-18T10:41:14","modified_gmt":"2026-08-18T10:41:14","slug":"bitcoin-dominance-rises-as-btc-hits-a-weekly-high-above-64k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=214751","title":{"rendered":"Bitcoin Dominance Rises as BTC Hits a Weekly High Above $64K: Market Watch"},"content":{"rendered":"

Bitcoin\u2019s rather modest price revival that began yesterday continued earlier this morning as the asset climbed to $64,500 for the first time in just over a week.<\/p>\n

Although it was stopped there, its daily performance is slightly more impressive than most altcoins, which is why its dominance over them has gradually increased.<\/p>\n

BTC Dominance Jumps<\/h2>\n

The primary cryptocurrency began the previous business week on the wrong foot and was not really able to correct it. At the time, it traded above $65,000 before the bears stepped up and pushed it south to under $64,000. The two subsequent rebound attempts were halted at $64,400, and the following leg downs were quite painful. Especially the second one, which culminated<\/a> on Friday, with a nosedive to a 10-day low of $62,500.<\/p>\n

The bulls finally reemerged after this decline, but not in their full force. They helped bitcoin reclaim some ground to around $63,000, but lacked the power to push it further. The weekend was extremely stagnant as BTC spent it<\/a> in a very tight range at around $63,000.<\/p>\n

It dipped again on Monday to $62,650, but reacted better in the following hours. It quickly jumped<\/a> to $63,600, where it faced some resistance but resumed its local run in the evening and earlier this morning. The peak came at $64,550, which was the highest level since the previous Monday\u2019s drop.<\/p>\n

Although it was stopped there, it remains above $64,000 as of press time. Moreover, its dominance over the alts is up by almost 0.5% in just a day to 57.2% on CG, while its market cap has neared $1.290 trillion.<\/p>\n

<\/a>BTCUSD August 18. Source: TradingView<\/p>\n

Sluggish Alts<\/h2>\n

Most alts have failed to produce any large moves over the past day. ETH is slightly below $1,900, while XRP continues to fight for the $1.00 support despite the growing whale activity<\/a>. SOL, TRX, HYPE, and LINK are with minor gains.<\/p>\n

In contrast, CC has dropped by over 4%, while XLM is down by 3%. RAIN, XMR, ZEC, and DOGE are also slightly in the red. The biggest daily gains come from VVV (17%) and HASH (11%).<\/p>\n

The total crypto market cap has added around $20 billion in a day and is up to $2.260 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview August 18. Source: QuantifyCrypto<\/p>\n

\u00a0<\/p>\n

The post Bitcoin Dominance Rises as BTC Hits a Weekly High Above $64K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s rather modest price revival that began yesterday continued earlier this morning as the asset climbed to $64,500 for the first time in just over a week. Although it was stopped there, its daily performance is slightly more impressive than most altcoins, which is why its dominance over them has gradually increased. BTC Dominance Jumps […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-214751","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/214751"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=214751"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/214751\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=214751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=214751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=214751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}