{"id":65321,"date":"2025-05-10T06:06:52","date_gmt":"2025-05-10T06:06:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=65321"},"modified":"2025-05-10T06:06:52","modified_gmt":"2025-05-10T06:06:52","slug":"crypto-markets-skyrocket-by-almost-400b-in-days-as-btc-price-surges-past-103k-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=65321","title":{"rendered":"Crypto Markets Skyrocket by Almost $400B in Days as BTC Price Surges Past $103K (Weekend Watch)"},"content":{"rendered":"

Bitcoin\u2019s recent price ascent took the asset to a new multi-month peak of over $104,000 where it faced some resistance and now sits above $103,000.<\/p>\n

Many altcoins continue to post impressive gains, with ETH standing well above $2,300, while DOGE has soared past $0.21.<\/p>\n

BTC\u2019s Impressive Week<\/h2>\n

If we roll back the clock to May 6, we will see that BTC\u2019s price was just rejected at $98,000, and the asset had slipped back down to under $94,000. Although this $4,000 price drop might sound painful, a broader look would show that bitcoin has still added roughly $20,000 since the early April lows. Impressive, right?<\/p>\n

Well, the primary cryptocurrency wasn\u2019t done yet, not by a long shot. It bounced off<\/a> that support line, and it took about a day to fly past the coveted $100,000 line. As such, BTC stood<\/a> within a six-digit price territory for the first time in over three months.<\/p>\n

The gains kept coming on Friday as bitcoin exploded to its highest price level since late January of over $104,000. It met some resistance there and was pushed south by a few grand, but that was short-lived. As of now, BTC stands well above $103,000 \u2013 a 7% weekly surge and a 26% monthly pump.<\/p>\n

Its market capitalization has risen to $2.050 trillion, while its dominance over the alts has taken a hit and is down to 60.5%, as many altcoins have registered mindblowing price increases.<\/p>\n

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

Alts With Big Gains<\/h2>\n

Many altcoins have doubled down on yesterday\u2019s price increases with massive gains today as well. ETH is among the leaders as another 6% surge has taken<\/a> it to $2,350 where it faces a crucial resistance.<\/p>\n

Binance Coin, Solana, Avalanche, and Shiba Inu have marked similar pumps, while DOGE has risen by over 12% and now trades above $0.21.<\/p>\n

As a whole, the meme coins have posted the biggest gains, with PEPE and FARTCOIN leading the charts with substantial double-digit price increases.<\/p>\n

The total crypto market cap has surged to $3.4 trillion on CG. This means that the metric has added roughly $400 billion since May 6<\/a>.<\/p>\n

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

The post Crypto Markets Skyrocket by Almost $400B in Days as BTC Price Surges Past $103K (Weekend Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s recent price ascent took the asset to a new multi-month peak of over $104,000 where it faced some resistance and now sits above $103,000. Many altcoins continue to post impressive gains, with ETH standing well above $2,300, while DOGE has soared past $0.21. BTC\u2019s Impressive Week If we roll back the clock to May […]<\/p>\n","protected":false},"author":0,"featured_media":65322,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-65321","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\/65321"}],"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=65321"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/65321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/65322"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}