Bitcoin Smashes $105K as Crypto Markets Roar Back—Here’s Who Won and Lost This Week
Crypto bulls are back in the driver’s seat as Bitcoin reclaims six figures—but not every coin hitched a ride to the moon.
Biggest gainers: The usual suspects (plus a few dark horses) posted double-digit rallies. Meme coins? Surprisingly disciplined—for now.
Biggest losers: The ‘fundamentals’ crew got left holding bags while traders chased momentum. Another week, another reminder that ‘tokenomics’ is just astrology for MBAs.
With BTC leading the charge, altcoins are either playing catch-up or getting steamrolled. No middle ground when the king moves.
BTC Above $105K
The world’s largest cryptocurrency tried to break out at the beginning of the business week from its consolidation range but was stopped at $106,000 and $106,500 on Monday and Tuesday. The following rejections drove it south to the lower boundary, but the bulls went on the offensive once again on Thursday.
However, Bitcoin was stopped once again at $106,000, but this time, the correction was a lot more violent. Perhaps influenced by the ongoing spat between US President Trump and Tesla CEO Musk, BTC’s price tumbled hard and went to a multi-week low of $100,400 (on Bitstamp).
As it came close to a breakdown below the coveted $100,000 level, the situation reversed and bitcoin started to recover some ground. By Friday noon, it had rebounded to around $105,000. Slightly more volatility followed, but BTC was ultimately stopped at $106,000 yesterday and now trades around $500 lower.
Its market capitalization has risen to just shy of $2.1 trillion, while its dominance over the alts stands tall at 61.5%.
Alts Up and Down
The weekly scale shows that HYPE has emerged as the top gainer, having surged by almost 9%. As a result, the high-flyer now sits above $35, just less than $5 away from its recent peak. ICP follows suit with an 8% weekly increase, while LEO, TRX, and AAVE are next.
On the opposite scale are TAO (-11%), GT (-5.3%), and CRO (-5.2%). SOL, DOGE, ADA, AVAX, and SHIB are also about to close the weekly candle in the red.
The total crypto market cap has added around $30 billion since yesterday and is up to $3.410 trillion on CG.
