{"id":71178,"date":"2025-06-03T09:25:28","date_gmt":"2025-06-03T09:25:28","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=71178"},"modified":"2025-06-03T09:25:28","modified_gmt":"2025-06-03T09:25:28","slug":"hype-rockets-10-daily-as-bitcoins-price-reclaims-105k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=71178","title":{"rendered":"HYPE Rockets 10% Daily as Bitcoin\u2019s Price Reclaims $105K (Market Watch)"},"content":{"rendered":"

Bitcoin\u2019s price went to a multi-day peak of almost $106,500 before it faced another rejection and was pushed south by over a grand.<\/p>\n

Many altcoins have posted impressive gains over the past 24 hours, and the larger caps are led by another HYPE explosion.<\/p>\n

BTC Stopped at $106.5K<\/h2>\n

The primary cryptocurrency tried to take down the $110,000 level on a couple of occasions last week and perhaps head toward yet another all-time high, but each attempt was halted in its tracks. The most violent rejection came on Thursday and Friday, especially after US President Trump said<\/a> China had violated the trade agreement between the two economic giants.<\/p>\n

The consequences for BTC were immediate as the asset plummeted from a Thursday peak of $109,000 to $103,100 by Saturday morning, which became a 12-day low<\/a>. The bulls<\/a> managed to defend that level and even helped bitcoin recover some ground to $104,500 during the weekend.<\/p>\n

Monday began with more volatility as BTC went<\/a> up to $106,000 before it was pushed south to under $104,000. The asset jumped even further on Tuesday morning, touching $106,500 for the first time since Thursday, but it was stopped again and now trades inches above $105,000.<\/p>\n

Its market cap sits at $2.090 trillion, while its dominance over the alts has taken a hit and is down by 0.5% daily to 61% on CG.<\/p>\n

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

HYPE Ships Off<\/h2>\n

HYPE was the brightest altcoin start in the middle of May, breaking its previous all-time high and charting a new one at around $40. It retraced toward $30 next, but its run has been restarted as an 11% surge has taken it to over $36.<\/p>\n

In terms of daily gains, HYPE has been outperformed only by ENA and WIF, as they are up by 12% and 15%, respectively. Other impressive performers from the larger-cap alts include AAVE, ICP, and PEPE.<\/p>\n

ETH has jumped by 5% and now sits at $2,600, while SOL is close to $160 following a 3% increase.<\/p>\n

The total crypto market cap has added around $30 billion since yesterday and is up to $3.430 trillion on CG.<\/p>\n

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

The post HYPE Rockets 10% Daily as Bitcoin\u2019s Price Reclaims $105K (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price went to a multi-day peak of almost $106,500 before it faced another rejection and was pushed south by over a grand. Many altcoins have posted impressive gains over the past 24 hours, and the larger caps are led by another HYPE explosion. BTC Stopped at $106.5K The primary cryptocurrency tried to take down […]<\/p>\n","protected":false},"author":0,"featured_media":71179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-71178","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\/71178"}],"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=71178"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/71178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/71179"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}