BREAKING: BTC Reclaims $80K as ONDO, JUP, ICP Rip Double Digits
BREAKING: Bitcoin is back above $80,000. The flagship reclaimed the level overnight after slipping to $79,100 on Friday, snapping a two-day pullback from a three-month peak of $82,800.
BREAKING: Bitcoin is back above $80,000. The flagship reclaimed the level overnight after slipping to $79,100 on Friday, snapping a two-day pullback from a three-month peak of $82,800.
The catalyst: a surprise three-day Ukraine-Russia ceasefire announced by US President Donald Trump. Risk-on hit instantly.
Market cap on BTC now sits just over $1.6 trillion. Dominance has slipped to 58.1% as altcoin bids explode underneath.
JUST IN: The alt tape is on fire.
ONDO leads with a 25% rip in 24 hours. JUP is up 24%. ICP adds 20%. SIREN climbs 19%. FIL prints +16%, VVV +15%, ARB +13%.
Ethereum is back above $2,300. XRP has nudged past BNB into the fourth market-cap slot after a 3% pop.
SOL, ADA, LINK and CC are all up 5% to 8%. ZEC has ripped 10% to $630. SUI, UNI and NEAR are green across the board.
Total crypto market cap has added more than $40 billion since Friday's low. The aggregate sits at $2.78 trillion.
Context: BTC bottomed near $75,000 at the end of last month after the FOMC held rates steady. The bounce that followed added roughly $8,000 in a week and tagged the three-month high before this week's $4,000 fade.
Analysts had been warning a correction was overdue. They got it Thursday and Friday. The recovery came fast.
The ceasefire headline did the heavy lifting. Crypto traders bid the dip on geopolitical de-escalation, with altcoins absorbing most of the rotation as BTC dominance compressed.
What to watch: whether BTC can hold $80,000 into the weekend session. A clean defense of the level keeps the door open for another run at $82,800. A failure puts $79,000 back in play.
For now, the tape belongs to the alts. Double-digit gains are stacking across DeFi, AI, and L1 names. The risk-on switch is flipped.
More to come as the ceasefire window plays out and the Monday open tests whether this bid sticks.