Bitcoin (BTC) Maintains Price of US$ 105; XCN, OM and JUP Record Increases of Over 20%
- Bitcoin stabilizes at $105K after volatility.
- AVAX stands out with a 6% increase over the weekend.
- Crypto market cap surpasses $3,75 trillion.
Throughout this weekend, the cryptocurrency market showed moderate movements. Despite a turbulent start to the week with Donald Trump's inauguration in 2025, Bitcoin managed to maintain remarkable stability, with its price hovering around the $105.000 mark without gains on the day, despite the typical market fluctuations. Cryptocurrencies Onyxcoin (XCN) traded at $0,04645 with a 64% increase, MANTRA quoted at $4,46 with a 26,6% increase and Jupiter (JUP) quoted at $1,20 with a 23,3% increase.
Bitcoin initially faced a sharp drop, plummeting from $106.000 to near the $100.000 support. However, the largest cryptocurrency by market cap soon recovered, reaching new highs above $109.000. This recovery came in handy, especially after Donald Trump’s inauguration speech, in which he made no direct references to cryptocurrencies.
The recovery didn’t stop there: after a brief dip to $101.000, investors stepped up their buying, preventing a further drop. In the following days, Bitcoin regained its momentum and reached $107.000 before suffering a further pullback. However, it quickly recovered and is now hovering around $105.000 with a market cap of approximately $2,080 trillion, according to data.
Meanwhile, the performance of major altcoins is also noteworthy, with several of them posting modest gains. Ethereum and XRP, for example, are both flat on the day and are now trading at $3.315,05 and $3,12, respectively. Other names such as BNB, DOGE and ADA are showing similar stability.
Among the notable altcoins, Avalanche (AVAX) caught the eye by registering a 6% increase in its value, now trading at US$ 37,5. Solana and Chainlink also showed strength, with gains of approximately 3% each, trading at $255 and $25, respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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