{"id":23067,"date":"2024-11-24T09:49:40","date_gmt":"2024-11-24T09:49:40","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=23067"},"modified":"2024-11-24T09:49:40","modified_gmt":"2024-11-24T09:49:40","slug":"xlm-rally-continues-with-485-monthly-surge-btc-cools-off-to-98k-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=23067","title":{"rendered":"XLM Rally Continues With 485% Monthly Surge, BTC Cools Off to $98K (Weekend Watch)"},"content":{"rendered":"

Bitcoin\u2019s inability to overcome the coveted $100,000 milestone on Friday and Saturday has resulted in a minor price decline to around $98,000 as of now.<\/p>\n

Several altcoins, such as XRP and DOGE, have plummeted as well in the past day, but others, like TON, DOT, and XLM, have charted double-digit surges.<\/p>\n

BTC Calms to $98K<\/h2>\n

BTC traded at around $90,000 at the start of the business week but quickly started to gain traction and exploded above the previous all-time high of $93,800 by the middle of it. This came amid the growing impressive net inflows<\/a> toward the spot Bitcoin ETFs in the States.<\/p>\n

The cryptocurrency\u2019s rally continued in the following days and peaked on Friday. At the time, the asset came just inches away from touching $100,000 but was stopped at about $99,800 on most exchanges.<\/p>\n

Thus, it failed to reach that line for the first time ever, even though the community was anticipating<\/a> and predicting it. Since then, BTC has lost some traction and has retraced by around two grand to $98,000 now.<\/p>\n

Still, it\u2019s 7.2% up on the week, which places its market cap at $1.940 trillion on CG. Its dominance over the alts, though, has declined further to 55.5%, which brought speculations about a potential altcoin season<\/a>.<\/p>\n

<\/a>Bitcoin\/Price\/Chart 24.11.2024. Source: TradingView<\/p>\n

XLM\u2019s Show<\/h2>\n

Many larger-cap alts like ADA, XRP, and DOGE charted notable gains yesterday, but have retraced heavily today. ADA is down by 3% to under $1.05, XRP has slumped by over 6% to under $1.45, and DOGE has plummeted by 7.5% to $0.43.<\/p>\n

In contrast, TON and DOT have soared by 11% and 17%, respectively, to $6.25 and $8.9. XLM, though, has stolen the show once again by skyrocketing by 29%. Stellar\u2019s native token has added more than 480% in the past month and now trades above $0.56.<\/p>\n

The total crypto market cap has shed about $50 billion since yesterday\u2019s peak but still stands close to $3.5 trillion on CG.<\/p>\n

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

The post XLM Rally Continues With 485% Monthly Surge, BTC Cools Off to $98K (Weekend Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s inability to overcome the coveted $100,000 milestone on Friday and Saturday has resulted in a minor price decline to around $98,000 as of now. Several altcoins, such as XRP and DOGE, have plummeted as well in the past day, but others, like TON, DOT, and XLM, have charted double-digit surges. BTC Calms to $98K […]<\/p>\n","protected":false},"author":0,"featured_media":23068,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-23067","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23067"}],"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=23067"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23067\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/23068"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}