Following significant fluctuations, the cryptocurrency market adopted a relatively quiet trajectory over the weekend. Notably, Bitcoin
$78,084 established a foothold at $109,500. While the broader market mirrored Bitcoin’s calm stance, MYX Finance—a small-scale altcoin—captured considerable attention with its double-digit rise.
Bitcoin’s Quest for $109,500 Stability
Last week, Bitcoin tested the $118,000 mark but failed to surpass it, resulting in a sharp pullback. The price initially declined to $115,500 and further slid to $112,000 during the week. A brief recovery pushed the value to $114,000, but selling pressure persisted, driving Bitcoin below $109,000—its lowest in nearly four weeks.
Despite shedding over $6,000 by Thursday, Bitcoin rebounded above $110,000 on Friday but could not maintain its ground. As the weekend approached, Bitcoin steadied at $109,500. The leading cryptocurrency’s market valuation dropped to $2.18 trillion, while Bitcoin’s dominance rose to 56.5%, according to CoinGecko.

Ethereum
$2,335, meanwhile, struggled to uphold the $4,000 support. Other prominent altcoins like Solana
$86, Dogecoin
$0.099087, Cardano
$0.253725, HYPE, Chainlink
$9, and Avalanche witnessed weekly double-digit losses. This weakness among large-cap altcoins underscores the market’s overall fragility.
The total cryptocurrency market value remained at $3.85 trillion. An approximate $300 billion decline occurred weekly, with short-lived rallies failing to translate into substantial recovery.
MYX Finance Defies Market Lag
Despite the prevalent market stagnancy, some smaller altcoins exhibited strong performances, setting themselves apart. Leading this breakaway was MYX Finance, which surged nearly 15% over 24 hours. HASH coin, too, emerged with a notable 24% rise, becoming the day’s standout altcoin.

Both altcoins experienced significant increases in trading volume. MYX Finance’s performance signals sustained investor interest in projects despite market-wide value losses.




