{"id":665,"date":"2024-08-24T08:17:19","date_gmt":"2024-08-24T08:17:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=665"},"modified":"2024-08-24T08:17:19","modified_gmt":"2024-08-24T08:17:19","slug":"bitcoin-exploded-to-65k-while-solana-and-shiba-inu-gained-6-daily-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=665","title":{"rendered":"Bitcoin Exploded to $65K While Solana and Shiba Inu Gained 6% Daily (Weekend Watch)"},"content":{"rendered":"

Bitcoin\u2019s positive price actions on Friday evening continued in the past 12 hours or so and the asset touched $65,000 for the first time since August 3.<\/p>\n

Several altcoins have produced impressive gains as well within the same timeframe, with SATS surging by 25%, followed by FET (19%), and SUI (15%).<\/p>\n

BTC on the $65K Road<\/h2>\n

The end of this business week was quite different than the previous one when BTC slumped to $56,000 on Thursday but managed to recover some ground on Friday and during the weekend. However, Monday started with another retracement when the asset slumped from $60,000 to $58,000.<\/p>\n

The bulls managed to intervene and prevent any further declines, but the rest of the week, at least until Friday evening, was quite uneventful<\/a>. That\u2019s when positive news from the US emerged, including Fed Chair Jerome Powell\u2019s promise<\/a> to start cutting the interest rates, and BTC went on the run<\/a>.<\/p>\n

In a matter of hours, the asset went from just over $60,000 to $64,000. After a minor correction, it went on the offensive once again and jumped to $65,000 for the first time in over three weeks.<\/p>\n

Despite retracing by around $800 since then, BTC is still 5% up on the day and sits above $64,000. Its market cap has soared to $1.270 trillion, and its dominance over the altcoins is up to 53.8%.<\/p>\n

<\/a>Bitcoin\/Price\/Chart 24.08.2024. Source: TradingView<\/p>\n

SOL, SHIB Rise<\/h2>\n

Most altcoins are in the green today as well. Ethereum has surged by over 3% in the past 24 hours and sits above $2,760. Ripple, Toncoin, Dogecoin, Tron, Cardano, Avalanche, Bitcoin Cash, and Polkadot are also with gains of up to 5%.<\/p>\n

Solana and Shiba Inu are the best performers from the larger-cap alts. Both assets are up by about 6%, which has helped SOL rise to over $150, while SHIB is up to $0.000015.<\/p>\n

Further gains from the top 100 alts come from SATS (25%), FET (19%), SUI (15%), WIF (15%), SEI (13%), and PEPE (12%).<\/p>\n

The total crypto market cap has added around $100 billion since yesterday and is up to $2.360 trillion.<\/p>\n

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

The post Bitcoin Exploded to $65K While Solana and Shiba Inu Gained 6% Daily (Weekend Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s positive price actions on Friday evening continued in the past 12 hours or so and the asset touched $65,000 for the first time since August 3. Several altcoins have produced impressive gains as well within the same timeframe, with SATS surging by 25%, followed by FET (19%), and SUI (15%). BTC on the $65K […]<\/p>\n","protected":false},"author":0,"featured_media":666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-665","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\/665"}],"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=665"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/666"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}