Crypto Market Cools: Bitcoin Steady, Altcoins Diverge

• Crypto market calms, Bitcoin holds gains.
• Altcoins mixed: some lag, others soar.
• Analysts see potential for continued rise.

The cryptocurrency market has exhibited less dramatic price fluctuations in recent days, compared to the more volatile weeks that came before. For example, Bitcoin experienced a modest decline of 0.68% over the past 24 hours. Similar downturns have been observed in leading altcoins like Ethereum (ETH) and BNB.

Taking a broader view, cryptocurrencies are still holding onto some of their weekly gains. Notably, Bitcoin traded around $61,000 last week before appreciating to the $67,000 range.

It’s important to note that Bitcoin achieved the $67,000 level without sharp price movements. While Bitcoin did experience occasional price dips throughout the week, it has managed to retain its recent gains. Overall, Bitcoin is still up over 8% for the week.

While Bitcoin has steadily climbed, some altcoins have not followed its upward trajectory. For instance, BNB, XRP, and TRON have all seen declines in their weekly performance.

On the other hand, prominent altcoins like Solana (SOL) and Chainlink (LINK) have capitalized on Bitcoin’s less vo…

The post Crypto Market Cools: Bitcoin Steady, Altcoins Diverge appeared first on Coin Edition.