{"id":48760,"date":"2025-03-01T08:13:52","date_gmt":"2025-03-01T08:13:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=48760"},"modified":"2025-03-01T08:13:52","modified_gmt":"2025-03-01T08:13:52","slug":"bitcoin-recovers-7k-following-dump-below-80k-ripple-gains-8-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=48760","title":{"rendered":"Bitcoin Recovers $7K Following Dump Below $80K, Ripple Gains 8% (Weekend Watch)"},"content":{"rendered":"

Bitcoin\u2019s continuous price slump finally came to a halt after the asset plunged to $78,000, and it has managed to recover about seven grand since then.<\/p>\n

The altcoins are also well in the green today, with substantial gains from almost all of them.<\/p>\n

BTC Rebounds $7K<\/h2>\n

It was a violent week<\/a>, to say the least, for bitcoin and the entire crypto market. The primary digital asset challenged $100,000 the previous Friday but was quickly rejected after the hack against Bybit. The weekend was calmer, but the business week turned sour once again.<\/p>\n

By Tuesday, bitcoin had lost over ten grand since the weekend and more than $13,000 since Friday in a price slump to $86,000. After a minor dead-cat bounce to $89,000, the bears returned with another leg down that drove BTC to $82,000 on Thursday.<\/p>\n

The most painful decline came on Friday morning as the cryptocurrency plunged<\/a> below $80,000 and all the way down to $78,200 (on Bitstamp), which became the newest three-month low and made February 2025 the worst in over a decade<\/a>.<\/p>\n

Many industry experts warned that the worst is yet to come and that BTC could drop to $70,000 over the weekend. However, that hasn\u2019t been the case so far. Just the opposite, BTC stands close to $85,000 after regaining $7,000 since yesterday\u2019s low.<\/p>\n

Its market capitalization remains below $1.7 trillion, while its dominance over the alts is close to 58% on CG.<\/p>\n

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

Alts in Recovery Mode<\/h2>\n

The alternative coins went through some massive crashes within the same timeframe but are well in the green on a daily scale now. Ethereum is above $2,200 after a 5% increase since yesterday, while BNB has neared $600 following a 4% surge.<\/p>\n

Ripple\u2019s native token defended the $2 level and is up to $2.17 now after gaining 8%. More impressive price increases come from SOL (10%), DOGE (9.5%), ADA (7.5%), SUI (9%), and XLM (15%).<\/p>\n

HBAR, APT, BCH, ONDO, and TRUMP have also charted notable double-digit price gains since yesterday.<\/p>\n

The total crypto market cap has recovered roughly $200 billion and is up to $2.9 trillion on CG.<\/p>\n

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

The post Bitcoin Recovers $7K Following Dump Below $80K, Ripple Gains 8% (Weekend Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s continuous price slump finally came to a halt after the asset plunged to $78,000, and it has managed to recover about seven grand since then. The altcoins are also well in the green today, with substantial gains from almost all of them. BTC Rebounds $7K It was a violent week, to say the least, […]<\/p>\n","protected":false},"author":0,"featured_media":48761,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-48760","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\/48760"}],"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=48760"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/48760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/48761"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}