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Bitcoin’s underwhelming price actions as of late continued on Saturday and early Sunday as the asset stands close to $85,000 without making a big move in either direction.
The larger-cap alts are also quite sluggish on a daily scale, with $ETH slightly below $1,600 and $XRP down by around 1%.
$BTC Consolidation Continues
The past seven days went entirely differently from the previous week. Back then, $BTC went through a massive five-digit price rollercoaster. However, it finally calmed after the tariff pause announced by Trump for most countries and remained in a tight range for the entire week.
After it bounced above $82,000 last weekend, the asset went to a local peak of just over $86,000 on a couple of occasions but to no avail. Just the opposite, it was pushed back down to $83,000 both times.
Since then, the cryptocurrency has traded within an even smaller range between $84,000 and $85,500. It now stands approximately in the middle of it, with many industry experts suggesting a breakout is just around the corner.
For now, though, $BTC’s market cap has retraced to $1.680 trillion on CoinGecko, while its dominance over the alts has taken a slight hit and is down to 60.7%.
$FARTCOIN Is Back
Most larger-cap alts have failed to post any significant moves in the past day. Minor losses are coming from $ETH, $XRP, DOGE, and ADA, while SOL is slightly in the green.
More interesting price developments come from the mid- and lower-cap alts. $FARTCOIN has stolen the show and returned to the top 100 alts by market cap after a 10% surge. FET follows suit, gaining 9%, and TAO is net (8.5%).
The cumulative market cap of all crypto assets has remained at the same level it has been in the past several days, at $2.770 trillion on CG.
