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Bitcoin’s price slipped on a couple of occasions in the past 24 hours to $107,000, but the bulls managed to defend that level, and the asset now sits about a grand and a half higher.
Ethereum jumped past $2,700 earlier today, while TON has notched a notable increase after some developments on the Telegram-xAI front.
<h2 id="bitcoin-back-to-108-5k">Bitcoin Back to $108.5K</h2>
It was this time last week when the primary cryptocurrency continued its recent impressive rally and skyrocketed past its January 2025 all-time high and all the way up to almost $112,000. This became the latest and <a href="https://cryptopotato.com/bitcoin-tops-111000-in-pizza-day-all-time-high/" rel="noopener noreferrer nofollow">current peak</a>.
However, the asset retraced on Friday when US President Donald Trump recommended a new set of tariffs against the EU. Bitcoin reacted with an immediate price drop of around $3,000-4,000. It recovered some ground over the weekend and started another leg up on Monday and Tuesday, which pushed it to nearly $111,000.
It <a href="https://cryptopotato.com/monero-xmr-dumps-by-double-digits-bitcoin-btc-calms-at-109k-market-watch/" rel="noopener noreferrer nofollow">couldn’t continue</a> north despite the <a href="https://cryptopotato.com/blackrock-bitcoin-etf-sees-33-day-inflow-run-4b-in-past-fortnight/" rel="noopener noreferrer nofollow">positive flows</a> into the US ETFs and even slipped to $107,000 yesterday. After testing that support on a couple of occasions, BTC bounced off and now trades at around $108,500.
Its market capitalization has remained at around $2.155 trillion, while its dominance over the alts has taken a minor hit and is down to 60.6%.
<figure style="width: 100%" class="wp-caption aligncenter"><a rel="noopener noreferrer nofollow"><img alt="BTCUSD. Source: TradingView" width="1835" height="820"></a>
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 BTCUSD. Source: TradingView
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<h2 id="ton-up-8">TON Up 8%</h2>
Although the deal has not been signed yet, Pavel Durov’s Telegram and Elon Musk’s xAI seem to be close to a <a href="https://cryptopotato.com/telegram-in-limbo-over-300m-xai-deal-whats-the-holdup/" rel="noopener noreferrer nofollow">massive $300 million partnership</a>. Despite the controversy around the completion of the agreement, TON’s price reacted today with a massive surge from under $3 to almost $3.7 before it retraced to its current $3.33 level, which still represents an 8% increase.
Ethereum has also charted an impressive jump since yesterday and is above $2,700 now. PEPE has added 6% of value, while PI has dropped by over 3% and is close to breaking below $0.7.
The total crypto market cap has remained sluggish at around $3.560 trillion on CG.
<figure style="width: 100%" class="wp-caption aligncenter"><a rel="noopener noreferrer nofollow"><img alt="Cryptocurrency Market Overview. Source: QuantifyCrypto" width="1878" height="821"></a>
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 Cryptocurrency Market Overview. Source: QuantifyCrypto
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The post <a href="https://cryptopotato.com/ton-jumps-by-8-daily-as-btc-price-maintains-108k-market-watch/" rel="noopener noreferrer nofollow">TON Jumps by 8% Daily as BTC Price Maintains $108K (Market Watch)</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

TON Jumps by 8% Daily as BTC Price Maintains $108K (Market Watch)

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