Bitcoin Stabilises Above $85,000 as Trump Coin Surges 12%

Bitcoin has stabilised above $85,000 after previous volatility, with minor gains throughout the week. Solana has risen significantly, while the Official Trump meme coin has surged by 12%. Overall, the crypto market cap remains steady at approximately $2.780 trillion, with various incentives available for new exchanges.

Bitcoin has experienced minor price gains, currently standing above $85,000 following a relatively stable week. In contrast to the prior week, during which Bitcoin experienced a sharp decline to below $75,000, the bulls managed to drive the price back up to around $85,000 over the weekend. On Monday, Bitcoin touched a temporary peak of $86,000 before retracting back to $83,000, with fluctuations continuing through the week due to external economic factors.

Throughout the week, Bitcoin reached a multi-week high of $86,500 but faced rejections that led to a drop of over $3,000 before recovering to its current position. The total market cap for Bitcoin now sits at approximately $1.690 trillion, maintaining a dominance of 61% over other cryptocurrencies.

Meanwhile, other larger-cap altcoins have shown modest increases, typically under 1%, with Solana (SOL) experiencing the most significant rise of 3.7%, trading at about $140. In a notable surge, the Official Trump meme coin has skyrocketed by nearly 12%, now trading above $8.5. Alongside, cryptocurrencies such as TAO, IMX, and HYPE have noted increases of up to 8%. The total crypto market cap has stabilised at approximately $2.780 trillion.

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