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Bitcoin’s Roller Coaster Week: From Peaks to Pits!
$124,500 and Back Down: The Crypto Wild Ride!
Hold onto your wallets—Bitcoin has had a week for the history books! The crypto heavyweight kicked off with a jaw-dropping jump from $119,000 to a colossal $122,000! But just when the bulls thought they had it all, the bears charged back in, crashing hopes of hitting that magical $123,200 all-time high.
But wait—there’s more! On Wednesday, Bitcoin roared back, blasting past its July record, only to explode to a staggering new high of $124,500 by Thursday morning! Just when all the crypto fans were cheering, BTC’s bubble burst, plummeting back to $121,000 and then spiraling down to under $118,000 as the U.S. PPI data threw a wrench in the works!
Meeting Mayhem: Trump & Putin Don’t Move Bitcoin!
As the world watched the showdown between Trump and Putin over Ukraine’s fate, everyone held their breath! Was this the moment Bitcoin would skyrocket? Spoiler alert: it wasn’t. After all the drama, BTC managed to maintain a kinda stable price around $117,500. Can you believe that?
With a market cap retreating to $2.340 trillion and a clenched grip of nearly 58% dominance over the altcoin chaos, Bitcoin’s staying power is nothing short of a miracle!
Alts Take a Nosedive:Ethereum Takes the Brunt!
In what could only be described as a catastrophic wipeout, Ethereum, riding high only days ago at almost $4,800, has crumbled—thanks to a merciless market correction—dropping well below $4,500 with a staggering 5% daily drop! Talk about a major fall from grace!
But it’s not just Ethereum—the whole gang is bleeding red! With major players like SOL, LINK, AVAX, and SUI down 3-7%, the cries of despair from altcoin holders are echoing through the crypto corridors. The lone soldier? MNT, soaring over 10% to a rock-solid $1.2 in this sea of despair!
In the end, the total cryptocurrency market cap crumpled overnight, losing a shocking $80 billion, landing at a staggering $4.050 trillion! Is there any hope left in crypto land? Buckle up, folks—this is just the beginning!
The crypto game is far from over—stay tuned for what happens next!
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