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Bitcoin faced some extreme volatility yesterday amid the latest developments in South Korea, but it managed to recover its losses and is back to roughly $97,000.
The show, though, belongs to a few altcoins once again, such as TRX and BNB, both of which have soared to new all-time highs.
<h2 id="btc-back-to-97k">BTC Back to $97K</h2>
After last week’s bounce-off from $91,000, the primary cryptocurrency went on the offensive and shot above $98,000 on Friday. However, the bears came out of the woods again at that point and didn’t allow another attempt at cracking into six-digit price territory.
BTC slipped during the weekend and stood within a range between $96,000 and $97,000. Monday began with a brief surge past $98,000, which was met with tons of resistance that drove bitcoin south to <a href="https://cryptopotato.com/these-altcoins-take-center-stage-with-massive-gains-as-btc-stalls-at-95k-market-watch/" data-wpel-link="internal" rel="noopener noreferrer nofollow">under</a> $95,000. Another volatile wave hit the market with a surge to $97,500 and a subsequent rejection to $94,500.
A similar scenario repeated yesterday amid the <a href="https://cryptopotato.com/bitcoin-flash-crash-to-61k-on-upbit-as-south-korea-declares-martial-law/" data-wpel-link="internal" rel="noopener noreferrer nofollow">brief martial law</a> in South Korea, and BTC dumped to $93,500 this time, with <a href="https://cryptopotato.com/btc-price-slips-below-94k-amid-warnings-about-a-crash-to-90k-or-even-60k/" data-wpel-link="internal" rel="noopener noreferrer nofollow">warnings</a> about an even more severe correction.
However, the cryptocurrency headed in the opposite direction and now sits close to $97,000 after recovering over three grand since yesterday’s low.
Its market cap has reclaimed the $1.9 trillion line, but its dominance over the alts has dumped again to 51.3% on CG.
<figure id="attachment_373401" aria-describedby="caption-attachment-373401" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD-3.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-373401" src="https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD-3.png" alt="Bitcoin/Price/Chart 4.12.2024. Source: TradingView" width="1835" height="819" srcset="https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD-3.png 1835w, https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD-3-300x134.png 300w, https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD-3-1024x457.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD-3-768x343.png 768w, https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD-3-1536x686.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/12/BTCUSD-3-50x22.png 50w" sizes="(max-width: 1835px) 100vw, 1835px"></a>
 <figcaption id="caption-attachment-373401" class="wp-caption-text">
 Bitcoin/Price/Chart 4.12.2024. Source: TradingView
 </figcaption>
</figure>
<h2 id="trx-bnb-at-new-peaks">TRX, BNB at New Peaks</h2>
As <a href="https://cryptopotato.com/tron-trx-enters-banana-zone-exploding-70-to-all-time-high/" data-wpel-link="internal" rel="noopener noreferrer nofollow">reported</a> earlier, TRX emerged as today’s top performer as it skyrocketed by almost triple digits at one point and shot above $0.4 to mark a fresh all-time high. Binance Coin is another larger-cap asset that charted a new peak of almost $800.
Other notable gainers from the larger-cap alts include AVAX, TON, DOT, BCH, ETC, and FIL. Ethereum has gained more than 3% and sits above $3,700.
The total crypto market cap has added another $60 billion since yesterday and sits at a peak of its own at over $3.730 trillion on CG.
<figure id="attachment_373404" aria-describedby="caption-attachment-373404" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-04-122010.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-373404" src="https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-04-122010.png" alt="Cryptocurrency Market Overview. Source: QuantifyCrypto" width="1879" height="822" srcset="https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-04-122010.png 1879w, https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-04-122010-300x131.png 300w, https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-04-122010-1024x448.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-04-122010-768x336.png 768w, https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-04-122010-1536x672.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/12/Screenshot-2024-12-04-122010-50x22.png 50w" sizes="(max-width: 1879px) 100vw, 1879px"></a>
 <figcaption id="caption-attachment-373404" class="wp-caption-text">
 Cryptocurrency Market Overview. Source: QuantifyCrypto
 </figcaption>
</figure>
The post <a href="https://cryptopotato.com/new-aths-for-bnb-and-trx-as-btc-returns-to-97k-market-watch/" rel="noopener noreferrer nofollow">New ATHs for BNB and TRX as BTC Returns to $97K (Market Watch)</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

New ATHs for BNB and TRX as BTC Returns to $97K (Market Watch)

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