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2025-04-12 09:16:35

BTC Price Taps a Weekly High, 6% Jump Takes SOL to $125 (Weekend Watch)

Bitcoin’s price actions took a turn for the better in the past few days, and the asset jumped to $84,000 for the first time in about a week. The altcoins have also charted impressive gains over the last 24 hours, with SOL emerging as the top performer from the largest 10 alts. BTC Eyes $84K It was another wild trading week in the cryptocurrency space, mostly due to US President Trump’s ongoing Trade War with multiple countries. We talked a lot about the moves he made, the retaliation, as well as how each development caused substantial volatility in the market, you can check that here . Overall, BTC’s weekly low was quite painful. It came on Monday (and was almost mimicked on Wednesday) when the asset plunged to a five-month low of just over $74,000. Thus, it had dropped by $14,000 since the previous Wednesday. However, the cryptocurrency reacted well to the tariff pause against nearly every country (aside from China, when the situation escalated) and jumped above $82,000 on Wednesday evening. Perhaps driven by the favorable US CPI data for March, bitcoin kept climbing and tapped $84,000 on Friday and earlier on Saturday for the first time since the previous weekend. It now stands close to that level, with its market cap rising to $1.660 trillion on CG, and its dominance over the alts at 60.5%. BTCUSD. Source: TradingView SOL Rises Most altcoins have turned green today, and the larger caps are led by Solana’s native token. SOL has gained around 6% and now sits close to $125 after slipping into two-digit territory earlier this week. Ethereum stands at $1,600, XRP is well above the coveted $2 support, DOGE is up by 3.5%, while TRX has tapped $0.25. In contrast, TON and HBAR are with minor losses. PI has gained the most from the top 50 alts, having surged by 12% and trading above $0.65. ONDO follows suit with a 6% increase. The total crypto market cap is up by over $50 billion overnight to $2.745 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post BTC Price Taps a Weekly High, 6% Jump Takes SOL to $125 (Weekend Watch) appeared first on CryptoPotato .

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