President Trump

President Donald Trump

Donald Trump

Cardano

Bitcoin’s price dipped to another multi-week low at just over $62,000 on Saturday evening but rebounded to $63,500 on Sunday morning after US President Donald Trump said he had canceled the planned attacks against Iran.Most larger-cap alts have turned green with minor increases, led by Cardano’s native token, which has jumped by 9%.<h2 id="btc-returns-to-over-63k">BTC Returns to Over $63K</h2>The business week began on a more positive note after last weekend’s de-escalation in the Middle East. Bitcoin had remained above $64,000, and then it tapped $65,600 on a couple of occasions on Monday. However, it couldn’t continue upward, and uncertainty ahead of the FOMC meeting led investors to de-risk by offloading BTC, which resulted in a massive drop to $62,800.Volatility remained high before and after the event, with the asset going up and down between $63,000 and $65,000. It rocketed to just over the upper boundary on Friday morning, where it was <a href="https://cryptopotato.com/bitcoin-price-tumbles-to-2-week-low-as-fed-and-boj-keep-rates-unchanged-weekly-crypto-recap/" rel="noopener noreferrer nofollow">rejected</a> once again.The subsequent leg down was even more painful as bitcoin dipped to $62,400 for the first time in over two weeks. It managed to rebound to $63,000 on Saturday before it <a href="https://cryptopotato.com/btc-price-warning-4-reasons-bitcoin-could-drop-further-next-week/" rel="noopener noreferrer nofollow">dropped</a> once again to $62,100 (on most exchanges). The situation <a href="https://cryptopotato.com/bitcoin-price-rebounds-as-trump-calls-off-iran-strikes-and-hints-at-a-deal/" rel="noopener noreferrer nofollow">improved</a> on Sunday morning after US President Trump canceled planned attacks against Iran, and BTC jumped to $63,500.Its market cap has reclaimed $1.270 trillion, while its dominance over the alts remains below 57% on CG.<figure id="attachment_1444541" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2026/08/BTCUSD-Aug-2-1-scaled.png" rel="noopener noreferrer nofollow"><img class="wp-image-1444541 size-full" src="https://cryptopotato.com/wp-content/uploads/2026/08/BTCUSD-Aug-2-1-scaled.png" alt="BTCUSD Aug 2. Source: TradingView" width="2560" height="1414"></a><figcaption id="caption-attachment-1444541" class="wp-caption-text"> BTCUSD Aug 2. Source: TradingView </figcaption></figure><h2 id="ada-soars">ADA Soars</h2>Most larger-cap alts have turned green in the past day. XRP has defended the $1.05 support, which has been <a href="https://cryptopotato.com/xrp-price-dips-to-battlefield-zone-but-analysts-see-major-reversal-opportunity/" rel="noopener noreferrer nofollow">described</a> as a major support level by analysts that can propel the next rally. SOL is up by 1%, and so is HYPE. ETH, TRX, DOGE, RAIN, and ZEC have marked minor increases.Cardano’s native token has become today’s top performer, surging by 9% to $0.185. XLM, DOT, AVAX, NEAR, PEPE, and WLD have marked gains of up to 4%.The total crypto market cap is up by $40 billion since yesterday’s low and is up to $2.250 trillion on CG.<figure id="attachment_1444544" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2026/08/Screenshot-2026-08-02-094603-scaled.png" rel="noopener noreferrer nofollow"><img class="wp-image-1444544 size-full" src="https://cryptopotato.com/wp-content/uploads/2026/08/Screenshot-2026-08-02-094603-scaled.png" alt="Cryptocurrency Market Overview August 2. Source: QuantifyCrypto" width="2560" height="1230"></a><figcaption id="caption-attachment-1444544" class="wp-caption-text"> Cryptocurrency Market Overview August 2. Source: QuantifyCrypto </figcaption></figure>&nbsp;The post <a href="https://cryptopotato.com/cardano-rockets-by-9-bitcoin-reclaims-63k-after-war-de-escalation-weekend-watch/" rel="noopener noreferrer nofollow">Cardano Rockets by 9%, Bitcoin Reclaims $63K After War De-Escalation: Weekend Watch</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Cardano Rockets by 9%, Bitcoin Reclaims $63K After War De-Escalation: Weekend Watch

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