{"id":8643,"date":"2024-09-22T08:48:50","date_gmt":"2024-09-22T08:48:50","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=8643"},"modified":"2024-09-22T08:48:50","modified_gmt":"2024-09-22T08:48:50","slug":"these-are-this-weeks-top-performers-as-bitcoin-btc-calms-at-63k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=8643","title":{"rendered":"These Are This Week\u2019s Top Performers as Bitcoin (BTC) Calms at $63K (Market Watch)"},"content":{"rendered":"

After an eventful and highly volatile trading week, bitcoin\u2019s price movements calmed during the weekend, and the asset sits quietly at $63,000.<\/p>\n

Most altcoins have also stalled on a daily scale, but the weekly timeframe shows some impressive gainers from the likes of TAO, SUI, APT, and others.<\/p>\n

Bitcoin Stalls at $63K<\/h2>\n

The week started with a price decline that drove BTC from over $60,000 to under $58,000. More volatility was expected mid-week when the US Federal Reserve met to discuss lowering the interest rate. Once that meeting took place and the US central bank cut the rates by 0.5%, BTC went on a rollercoaster<\/a> with several big moves.<\/p>\n

However, the bulls<\/a> prevailed after the fluctuations and pushed the cryptocurrency from under $59,500 to over $64,000<\/a> registered on Friday. It became bitcoin\u2019s highest price tag in over three weeks.<\/p>\n

Nevertheless, the asset failed to maintain its run and retraced<\/a> by just over a grand. Since then, it has been predominantly trading sideways at around $63,000. Still, it\u2019s up by 4.6% on a weekly scale, which has pushed its market capitalization to just over $1.240 trillion.<\/p>\n

Its dominance over the alts, though, has declined by 1% in the past few days to 54% (on CG) after soaring to 55% earlier this week.<\/p>\n

<\/a>Bitcoin\/Price\/Chart 22.09.2024. Source: TradingView<\/p>\n

Top Gainers<\/h2>\n

As mentioned above, the week quite well for most crypto assets. Ethereum is up by 7% in this timeframe and sits close to $2,700 now. SOL has increased by a similar percentage and is up to $147. BNB (5.5%) is above $585, SHIB has soared by 6%, while AVAX has gained almost 10% and trades north of $27.<\/p>\n

Nevertheless, the top gainers from the larger-cap alts are TAO (47%), SUI (37%), and APT (28%). As a result, TAO sits at $477, SUI is close to $1.5, and APT trades at $7.85.<\/p>\n

The total crypto market cap has added over $100 billion since last Sunday and is up to $2.3 trillion on CG now.<\/p>\n

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

The post These Are This Week\u2019s Top Performers as Bitcoin (BTC) Calms at $63K (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

After an eventful and highly volatile trading week, bitcoin\u2019s price movements calmed during the weekend, and the asset sits quietly at $63,000. Most altcoins have also stalled on a daily scale, but the weekly timeframe shows some impressive gainers from the likes of TAO, SUI, APT, and others. Bitcoin Stalls at $63K The week started […]<\/p>\n","protected":false},"author":0,"featured_media":8644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-8643","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\/8643"}],"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=8643"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/8643\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/8644"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}