MYX Finance Explodes by 280% Daily, Bitcoin Flirts With $113K: Market Watch

Bitcoin’s price continues to reclaim some of the recently lost glory, and jumped past $113,000 for the first time since ￰0￱ altcoins have produced more substantial gains, including some of the larger-cap ones, such as HYPE, which set a new all-time ￰1￱ BTC Reclaim $113K? After the sluggish previous week when BTC dropped below $108,000 on several occasions, the bulls finally started to regain control on Thursday and especially ￰2￱ the time, they initiated an impressive leg up that drove bitcoin to a weekly high of $113,400 (on Bistamp) after the latest US jobs report. However, the asset met an immediate rejection at that point that pushed it south by three grand in less than an ￰3￱ weekend was once again uneventful, as bitcoin spent it trading sideways between $110,000 and $111,500.

The cryptocurrency went back on the offensive on Monday when it challenged $113,000 only to be driven down by two grand. However, the bulls were persistent and propelled another rally, pushing BTC to just over $113,200 earlier ￰4￱ faced some pressure there, but it’s still trading around $113,000 as of press ￰5￱ market cap has grown to $2.250 trillion on CG, while its dominance over the alts has retreated slightly to 56.1%. BTCUSD.). The asset has skyrocketed by almost 280% on a daily scale and now trades above $16.

Naturally, such triple-digit price pumps are rare for the top 100 ￰6￱ second in line is WLD, which has shot up by another 50% after yesterday’s rally and even topped $2 earlier today before it was pushed to just under that level. M, SKY, ENA, NEAR, BONK, and PENGU follow suit, with more modest gains of somewhere between 7% and 13%. HYPE marked a new all-time high above $54 after a 6% daily ￰7￱ larger-cap alts are also in the green, as the graph below will show, with increases of up to 5.5% for LIKE, ADA, and ￰8￱ Market Overview.