{"id":48907,"date":"2025-03-02T08:10:56","date_gmt":"2025-03-02T08:10:56","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=48907"},"modified":"2025-03-02T08:10:56","modified_gmt":"2025-03-02T08:10:56","slug":"stellar-xlm-explodes-by-30-in-2-days-bitcoin-btc-stable-at-86k-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=48907","title":{"rendered":"Stellar (XLM) Explodes by 30% in 2 Days, Bitcoin (BTC) Stable at $86K (Weekend Watch)"},"content":{"rendered":"

After a highly volatile and painful trading week, bitcoin\u2019s price continues with its gradual recovery, as it now sits above $86,000.<\/p>\n

Many altcoins have produced impressive gains over the past few days, and XLM stands in a league of its own with a surge past $0.3.<\/p>\n

BTC Calms at $86K<\/h2>\n

A lot can and has been said<\/a> about the events that transpired in the cryptocurrency market in the past week. Recall that BTC stood close to $100,000 on February 21, which was rejected and pushed down to $96,000 the previous weekend.<\/p>\n

However, the actual pain started on Tuesday morning with a drop to $86,000. After a minor recovery to $89,000, the cryptocurrency dumped once again to $82,000. The scenario repeated once again on Thursday, with a bounce-off to $86,000, and on Friday morning, with a massive price crash<\/a> to $78,000.<\/p>\n

This became bitcoin\u2019s lowest price tag in over three months. While many, including Arthur Hayes, predicted<\/a> an even more painful performance during the weekend, BTC\u2019s price actually reacted well<\/a> to the latest massacre and now sits about eight grand higher.<\/p>\n

Its market capitalization has managed to defend the $1.7 trillion level, while its dominance over the alts stands tall at 58% on CG.<\/p>\n

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

XLM on a Roll<\/h2>\n

The altcoins were hit the hardest during the days-long correction, but most have recovered some ground since Friday. XRP continues with its gradual ascent and now stands close to $2.3 after another 5% increase since yesterday.<\/p>\n

ADA has defended the $0.6 support and now trades above $0.65. SOL, BNB, DOGE, LINK, and SIU are also with minor gains, while XLM has soared by 7.5% in the past day and almost 30% since Friday\u2019s low to over $0.32,<\/p>\n

In contrast, ETH, LTC, and TRX have charted insignificant losses over the past 24 hours.<\/p>\n

Nevertheless, the total crypto market cap is more than $250 billion higher than the low on Friday. However, it\u2019s still under the $3 trillion mark on CG.<\/p>\n

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

The post Stellar (XLM) Explodes by 30% in 2 Days, Bitcoin (BTC) Stable at $86K (Weekend Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

After a highly volatile and painful trading week, bitcoin\u2019s price continues with its gradual recovery, as it now sits above $86,000. Many altcoins have produced impressive gains over the past few days, and XLM stands in a league of its own with a surge past $0.3. BTC Calms at $86K A lot can and has […]<\/p>\n","protected":false},"author":0,"featured_media":48908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-48907","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\/48907"}],"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=48907"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/48907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/48908"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}