HYPE Explodes by Double Digits, BTC Price Eyes $110K: Market Watch

Bitcoin’s price tumbled by over eight grand from top to bottom in the past few days, but has managed to recover some of the losses and tapped $110,000 earlier ￰0￱ Coin has resumed its recent bull rally, with a 4% surge that has pushed it beyond $1,100. Most other larger-cap alts are sluggish, aside from HYPE’s impressive ￰1￱ to Challenge $110K? The primary cryptocurrency ended the previous business week with another decline, this time to under $104,000. However, the bulls reacted swiftly and didn’t allow a possible slump below $100,000, and BTC bounced off to $107,000 during the ￰2￱ new business week began more positively, with BTC surging to $111,000 on ￰3￱ a correction to under $108,000, the asset went on the offensive hard on Tuesday and skyrocketed to $114,000 within hours.

However, that turned out to be a fakeout, and BTC lost all the momentum almost immediately. Moreover, it dumped to $106,200 (on Bitstamp) on ￰4￱ has reacted well to this correction and even tapped $110,000 earlier ￰5￱ it has failed at reclaiming that level, it now stands above $109,000. Its market cap remains steady at $2.180 trillion, with dominance over the alts exceeding 57.5% on CG. BTCUSD.