Cryptocurrency

Bitcoin

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Bitcoin’s price actions have calmed once again during the weekend, and the asset has retraced by a grand since the $66,500 peak registered earlier.
Most altcoins have also corrected on a daily scale, aside from Ripple’s native token, which has soared past $0.62 for the first time since early August.
<h2 id="btc-falls-short-at-66k">BTC Falls Short at $66K</h2>
Last weekend went in a similar fashion, as the largest digital asset slipped from $64,000 to around $63,000. However, it went on the offensive once again on Monday and jumped past $64,500.
After a brief retracement, the asset aimed at that level once again but was stopped on Thursday and pushed below $63,000. This is where the bulls really stepped up on the gas pedal and propelled a rally that <a href="https://cryptopotato.com/shiba-inus-shib-price-shot-up-to-3-month-high-bitcoin-btc-touched-66-5k-weekend-watch/" data-wpel-link="internal" rel="noopener noreferrer nofollow">drove</a> bitcoin to $66,500 on Friday morning. This became its highest price tag in about two months.
BTC has lost some traction since then. It dropped to $66,000 yesterday and has slipped south by another $500 despite the<a href="https://cryptopotato.com/blackrock-sees-highest-monthly-etf-inflow-as-us-bitcoin-holdings-climb/" data-wpel-link="internal" rel="noopener noreferrer nofollow"> massive inflows</a> toward the spot Bitcoin ETFs in the States.
Still, the asset is up by 4% on a weekly scale. Its market cap has declined slightly to just under $1.3 trillion, but its dominance over the alts is up to 53.9% on CG.
<figure id="attachment_363204" aria-describedby="caption-attachment-363204" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-39.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-363204" src="https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-39.png" alt="Bitcoin/Price/Chart 29.09.2024. Source: TradingView" width="1835" height="819" srcset="https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-39.png 1835w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-39-300x134.png 300w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-39-1024x457.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-39-768x343.png 768w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-39-1536x686.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-39-50x22.png 50w" sizes="(max-width: 1835px) 100vw, 1835px"></a>
 <figcaption id="caption-attachment-363204" class="wp-caption-text">
 Bitcoin/Price/Chart 29.09.2024. Source: TradingView
 </figcaption>
</figure>
<h2 id="xrp-on-the-run">XRP on the Run</h2>
Most larger-cap alts have mimicked BTC’s performance in the past 24 hours with minor losses. ETH and BNB have declined by just over 1% to $2,646 and $595, respectively. TON, AVAX, and SHIB have dumped by up to 3% in a day, and so have APT, XMR, STX, KAS, and others.
Dogecoin is among the few with notable increases on a daily scale. The largest meme coin has gained more than 3% and sits above $0.125 amid <a href="https://cryptopotato.com/dogecoin-doge-could-surge-by-another-30-if-its-price-holds-this-level-analyst/" data-wpel-link="internal" rel="noopener noreferrer nofollow">speculations</a> that it could surge to $0.15 soon.
Still, XRP has emerged as the top performer since yesterday. The token has soared by 6% and now trades close to $0.63, which is its highest level since August 8.
Overall, though, the total crypto market cap has seen $30 billion gone overnight and is below $2.4 trillion now.
<figure id="attachment_363205" aria-describedby="caption-attachment-363205" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-29-105802.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-363205" src="https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-29-105802.png" alt="Cryptocurrency Market Overview. Source: QuantifyCrypto" width="1878" height="825" srcset="https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-29-105802.png 1878w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-29-105802-300x132.png 300w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-29-105802-1024x450.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-29-105802-768x337.png 768w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-29-105802-1536x675.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-29-105802-50x22.png 50w" sizes="(max-width: 1878px) 100vw, 1878px"></a>
 <figcaption id="caption-attachment-363205" class="wp-caption-text">
 Cryptocurrency Market Overview. Source: QuantifyCrypto
 </figcaption>
</figure>
The post <a href="https://cryptopotato.com/ripple-xrp-soars-to-7-week-peak-bitcoin-btc-calms-below-66k-weekend-watch/" rel="noopener noreferrer nofollow">Ripple (XRP) Soars to 7-Week Peak, Bitcoin (BTC) Calms Below $66K: Weekend Watch</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Ripple (XRP) Soars to 7-Week Peak, Bitcoin (BTC) Calms Below $66K: Weekend Watch

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