As we settle into another week, Bitcoin seems to be playing it safe, holding its breath between the $94,000 and $95,000 marks—like a kid hoping to avoid the dragon’s tail in a game of tag! Meanwhile, the altcoin scene is buzzing with energy; tokens like XRP, ADA, and XLM saw impressive surges, while SUI took a nasty tumble. What’s driving this divergence in the market? Let’s dive into the intriguing world of cryptocurrency movements over the weekend, where some are soaring high while others are floundering. There’s always something happening in the crypto arena, isn’t there? Want to stay ahead of the curve? LEARN MORE.
Bitcoin’s calmness over the weekend continues as the asset has failed to make a major move from its tight range between $94,000 and $95,000.
In contrast, several altcoins, such as XRP, ADA, and XLM, have posted significant gains over the weekend, while SUI has plunged hard.
ADA, XLM, XRP on the Rise
As reported on Saturday evening, Ripple’s cross-border token stole the show with a massive surge from $2.33 to $2.5. The asset kept climbing in the following hours and tapped a multi-week peak of $2.6 before correcting slightly to $2.52 now.
Cardano’s native token is the other massive gainer from the larger-cap alts. ADA has soared by nearly 9% over the past day and now sits at the coveted resistance level of $1. XLM has also gone on a tear, surging by more than 7% and now trading close to $0.45.
In contrast, SUI has dumped by over 3% to $4.82, while TRX, SHIB, and BNB are also slightly in the red. On the other hand, ETH, SOL, DOGE, AVAX, TON, LINK, HBAR, and DOT have marked minor gains over the past 24 hours.
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