{"id":67636,"date":"2025-05-20T09:02:19","date_gmt":"2025-05-20T09:02:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=67636"},"modified":"2025-05-20T09:02:19","modified_gmt":"2025-05-20T09:02:19","slug":"bitcoin-recovers-from-drop-to-102k-aave-skyrockets-by-over-20-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=67636","title":{"rendered":"Bitcoin Recovers From Drop to $102K, AAVE Skyrockets by Over 20% (Market Watch)"},"content":{"rendered":"

Bitcoin\u2019s volatile ride that started on Sunday evening doubled down on Monday as the asset was stopped at $107,000, pushed south by over five grand, recovered to almost $107,000 once again and dipped in the past few hours.<\/p>\n

Many altcoins have posted impressive gains on a daily scale, including ETH, which has jumped past $2,500.<\/p>\n

BTC\u2019s Ride<\/h2>\n

The bears seemed in charge at the end of the previous business week when they pushed bitcoin to under $102,000 on Thursday. However, the asset bounced off rather quickly and surged past $103,000 on Friday and spent most of the weekend trading sideways around that level.<\/p>\n

On Sunday evening, though, the cryptocurrency started to gain traction and pumped to $106,000. It was stopped<\/a> there and driven south to under $103,500, but the bulls<\/a> initiated an even more impressive price surge in the following hours, resulting in BTC exceeding $107,000 for the first time since last January.<\/p>\n

As bitcoin was nearing its all-time high, the landscape changed<\/a> once again, and it slumped toward $102,000. Yet, that was not the end of the massively volatile ride as it skyrocketed once again, this time to a more modest peak of $106,600.<\/p>\n

It was stopped there once again, but has managed to remain above $105,000 as of now. Its market cap has neared $2.090 trillion on CG, while its dominance over the alts stands tall at 60.7%.<\/p>\n

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

AAVE on the Run<\/h2>\n

Many altcoins have erased yesterday\u2019s losses. Ethereum, for instance, has returned to over $2,500 after a 5.5% daily surge. XRP defended a crucial support<\/a> line and now sits at $2.35. SOL, TRX, SUI, LINK, AVAX, SHIB, HBAR, and TAO have posted gains of up to 7%.<\/p>\n

However, AAVE stands in a league of its own from the larger-cap alts. The asset has skyrocketed by over 20% and now trades at $265.<\/p>\n

The total crypto market cap has added almost $100 billion since yesterday and is up to $3.450 trillion on CG.<\/p>\n

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

\u00a0<\/p>\n

The post Bitcoin Recovers From Drop to $102K, AAVE Skyrockets by Over 20% (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s volatile ride that started on Sunday evening doubled down on Monday as the asset was stopped at $107,000, pushed south by over five grand, recovered to almost $107,000 once again and dipped in the past few hours. Many altcoins have posted impressive gains on a daily scale, including ETH, which has jumped past $2,500. […]<\/p>\n","protected":false},"author":0,"featured_media":67637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67636","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\/67636"}],"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=67636"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67636\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/67637"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}