In a manner most reminiscent of last weekend’s languid affair, the price of Bitcoin finds itself ensconced in a state of inertia on this fine Saturday and Sunday; verily, there has been little to no excitement over the course of the last thirty-six hours or so.
It appears that, much to the chagrin of those with grand expectations, the larger-cap altcoins exhibit a similar sluggishness, save for the modest blossoms of HYPE and TRX which, like overzealous garden blooms, have managed to sprout forth. In stark contrast, XMR continues its rather dramatic descent after achieving a mid-week zenith, akin to a tragic hero meeting an untimely end.
BTC: Unfazed Amidst Political Pandemonium
As previously noted, the preceding weekend was downright drab, with BTC meandering about the $90,500 mark. However, lo and behold! On Monday, it burst forth with the vigor of a debutante at her first ball, soaring past the $92,000 threshold with great aplomb. The momentum continued unabated into Wednesday, where it flirted with a multi-month apex of $98,000.
Alas, after basking in the glow of an $8,000 gain in less than a week, our intrepid Bitcoin found itself slipping below $94,500 on Thursday, only to stage a gallant rebound on Friday and secure a steadfast position above $95,000 ever since. Quite the curious occurrence, considering the geopolitical tempest that has been brewing since Friday!
To begin with, several nations within the EU dispatched troops to Greenland, inspired by none other than Trump’s latest comments-a true spectacle worthy of a satirical play! Following this, our illustrious POTUS announced a new set of tariffs, which resulted in Union lawmakers convening in a flurry, issuing threats to withdraw from their ongoing trade arrangements. Oh, what drama!
Yet, Bitcoin remains impervious to such turmoil, steadfastly hovering around the $95,000 mark, boasting a market cap of $1.9 trillion as we pen this missive, alongside a commendable dominance of 57.3% over its less illustrious counterparts.
Weekly Gainers and Losers: A Most Unremarkable Tale
In the realm of weekly fortunes, TRX has emerged as the belle of the ball, escalating by a trifling 3% to nearly $0.32. HYPE and XLM follow dutifully, while XMR, alas, has taken a tumble of 10%, falling well beneath $600-an all too familiar tale of woe. CC, PUMP, and ZEC find themselves similarly downtrodden.
On a more favorable note for ETH, the second-largest cryptocurrency has ascended by an admirable 7%, now resting comfortably above $3,300. The likes of BNB, SOL, LINK, TRX, and even our beleaguered XMR find themselves in the green since the last Sunday gathering. In stark contrast, XRP, DOGE, BCH, and LTC languish deep in the crimson depths of despair.
Nevertheless, let it be noted that ICP has soared higher than the rest since last Sunday, with a remarkable 25% increase, whilst POL has experienced the most grievous decline of 18%. Truly, a tale of rise and fall!
As for the total crypto market cap, it has seen a slight retreat over the past day, yet it remains above the lofty heights of $3.3 trillion according to CG. What a rollercoaster of fortunes!
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2026-01-18 14:46