Bitcoin reacted well to the early June crash that drove it below $60,000 for the first time since late November 2024. The bulls intercepted the move and didn’t allow another breakdown beneath $59,000. Just the opposite; the asset started to recover ground somewhat rapidly, going to $64,000 at the start of the following business week.
The cryptocurrency spent the next several days trading sideways between $61,000 and $64,000 before the landscape on the US-Iran war front started to improve over the weekend. The POTUS promised a deal to be announced on Sunday, which faced some doubt from critics that was exacerbated once Israel carried out new attacks against Lebanon.
After condemning Israel’s actions, Trump indeed announced on Sunday evening that the US and Iran had reached an agreement, which is to be signed by the end of the current week. BTC reacted with an immediate price pump that drove it to $66,000 on Monday morning and $67,000 later that day. However, its progress was rejected there, and the asset has dropped by over two grand, currently struggling below $65,000.
Its market cap is down to $1.3 trillion on CG, while its dominance over the alts has taken a beating and has slipped to 56.2%.
$Bitcoin crashed and burned at the start of June, dropping from $73,000 to a multi-month low of $59,100 before it finally found some support and began its gradual recovery. The following week was somewhat more positive, as BTC jumped toward $64,000 on several occasions but was stopped at each attempt to break through.
The subsequent rejections, driven mostly by macro factors like new attacks in the Middle East, resulted in price dips to $61,000. Nevertheless, that support level held, and BTC rebounded toward the upper boundary of its sideways channel.
The past weekend was quite sluggish, even though Trump promised on Saturday that the US and Iran would announce a permanent deal on Sunday, but there were more attacks from Israel against Lebanon on that day. On Sunday evening, though, came the long-anticipated announcement, with Trump stating on Truth Social that the deal was essentially complete.
BTC reacted with an immediate price pump, going to $66,000 earlier this morning for the first time since June 3. It has lost a few hundred dollars since then, but it’s still 2% up on the day. Its market cap has surged to $1.315 trillion, while its dominance over the alts remains above 56.5% on CG.
Although bitcoin remains deep in the red on a weekly scale, the asset has managed to post a minor recovery in the past 24 hours and now sits above $77,000.
Most larger-cap altcoins remain quite sluggish, with insignificant gains. ETH is above $2,100, BNB remains north of $640, but XRP is in the red again.
Price Action
Total Mkt Cap: $2.64 Trillion | 24HR Liquidations: $155M | Sentiment: Fear
Bitcoin
Bitcoin tapped $82,400 on May 11, but it turned out to be another fakeout. The subsequent rejection, perhaps driven to an extent by the increasing inflation in the US, drove the asset to under $79,000 in just a couple of days. However, the positive news on the CLARITY Act front sent it flying back to $82,000 on Thursday.
The scenario repeated once again as the bears quickly stepped up. The decline that began last Friday has been even more profound, as the asset dumped below $80,000 by Saturday and fell to under $78,000 on Monday. The bears drove it further south that afternoon to a three-week low at $76,000.
Bitcoin finally rebounded after losing $6,000 in days and jumped toward $77,000. Although it was stopped there yesterday, it has managed to reclaim that level as of now, trading close to $77,500.
Its market capitalization has climbed slightly to $1.550 trillion, while its dominance over the alts remains tall at over 58% on CG.

Altcoins
As mentioned above, there’s little to no reportable action on the larger-cap alt front. Ethereum has defended the $2,100 support, while BNB stands around $645. XRP continues to underperform with a minor daily decline, similar to those from DOGE and ADA.
The two largest privacy coins have jumped the most from this cohort of assets, with ZEC up by 4% and XMR gaining 3%. UNI and WLFI are also in the green, while XLM and BCH are with 3% declines.
VVV and XDC have stolen the show today, being the only double-digit gainers. The former has rocketed by 20% to $17.3, while the latter is up by 12% to $0.036.
The total crypto market cap has recovered around $40 billion in a day and is up to $2.660 trillion on CG.
Although bitcoin remains deep in the red on a weekly scale, the asset has managed to post a minor recovery in the past 24 hours and now sits above $77,000.
Most larger-cap altcoins remain quite sluggish, with insignificant gains. ETH is above $2,100, BNB remains north of $640, but XRP is in the red again.
Price Action
Total Mkt Cap: $2.64 Trillion | 24HR Liquidations: $155M | Sentiment: Fear
Bitcoin
Bitcoin tapped $82,400 on May 11, but it turned out to be another fakeout. The subsequent rejection, perhaps driven to an extent by the increasing inflation in the US, drove the asset to under $79,000 in just a couple of days. However, the positive news on the CLARITY Act front sent it flying back to $82,000 on Thursday.
The scenario repeated once again as the bears quickly stepped up. The decline that began last Friday has been even more profound, as the asset dumped below $80,000 by Saturday and fell to under $78,000 on Monday. The bears drove it further south that afternoon to a three-week low at $76,000.
Bitcoin finally rebounded after losing $6,000 in days and jumped toward $77,000. Although it was stopped there yesterday, it has managed to reclaim that level as of now, trading close to $77,500.
Its market capitalization has climbed slightly to $1.550 trillion, while its dominance over the alts remains tall at over 58% on CG.

Altcoins
As mentioned above, there’s little to no reportable action on the larger-cap alt front. Ethereum has defended the $2,100 support, while BNB stands around $645. XRP continues to underperform with a minor daily decline, similar to those from DOGE and ADA.
The two largest privacy coins have jumped the most from this cohort of assets, with ZEC up by 4% and XMR gaining 3%. UNI and WLFI are also in the green, while XLM and BCH are with 3% declines.
VVV and XDC have stolen the show today, being the only double-digit gainers. The former has rocketed by 20% to $17.3, while the latter is up by 12% to $0.036.
The total crypto market cap has recovered around $40 billion in a day and is up to $2.660 trillion on CG.
Although bitcoin remains deep in the red on a weekly scale, the asset has managed to post a minor recovery in the past 24 hours and now sits above $77,000.
Most larger-cap altcoins remain quite sluggish, with insignificant gains. ETH is above $2,100, BNB remains north of $640, but XRP is in the red again.
Price Action
Total Mkt Cap: $2.64 Trillion | 24HR Liquidations: $155M | Sentiment: Fear
Bitcoin
Bitcoin tapped $82,400 on May 11, but it turned out to be another fakeout. The subsequent rejection, perhaps driven to an extent by the increasing inflation in the US, drove the asset to under $79,000 in just a couple of days. However, the positive news on the CLARITY Act front sent it flying back to $82,000 on Thursday.
The scenario repeated once again as the bears quickly stepped up. The decline that began last Friday has been even more profound, as the asset dumped below $80,000 by Saturday and fell to under $78,000 on Monday. The bears drove it further south that afternoon to a three-week low at $76,000.
Bitcoin finally rebounded after losing $6,000 in days and jumped toward $77,000. Although it was stopped there yesterday, it has managed to reclaim that level as of now, trading close to $77,500.
Its market capitalization has climbed slightly to $1.550 trillion, while its dominance over the alts remains tall at over 58% on CG.

Altcoins
As mentioned above, there’s little to no reportable action on the larger-cap alt front. Ethereum has defended the $2,100 support, while BNB stands around $645. XRP continues to underperform with a minor daily decline, similar to those from DOGE and ADA.
The two largest privacy coins have jumped the most from this cohort of assets, with ZEC up by 4% and XMR gaining 3%. UNI and WLFI are also in the green, while XLM and BCH are with 3% declines.
VVV and XDC have stolen the show today, being the only double-digit gainers. The former has rocketed by 20% to $17.3, while the latter is up by 12% to $0.036.
The total crypto market cap has recovered around $40 billion in a day and is up to $2.660 trillion on CG.
The leading cryptocurrency has experienced heightened volatility over the past several days, driven mainly by geopolitical tensions and uncertainty in the Middle East. Towards the end of the last business week, its price climbed to nearly $78,000 after US President Donald Trump announced that the Strait of Hormuz was open, while later he argued that Iran had agreed to halt its nuclear program.
However, the Asian country denied those claims, which, combined with the renewed attacks in the region, caused BTC to drop below $74,000 on Monday (April 20).
Over the past 24 hours, though, the asset started pumping again and currently trades at around $76,400 (per CoinGecko’s data). This represents a 2% daily increase and a significant 11% rise over two weeks.
It is important to note that its resurgence happened shortly after Strategy announced its latest major crypto purchase. The company, founded by Michael Saylor, scooped up 34,164 BTC for more than $2.5 billion and now holds a total of 815,061 BTC.
Following the coin’s latest revival, its market capitalization has spiked above $1.5 trillion, while its dominance over the altcoins stands at roughly 57.4%.
BTC Price Volatility Intensifies as XRP Hints at Big Move Ahead
Bitcoin’s price volatility returned over the past 12 hours or so as the tension in the Middle East continued to increase following the weekend developments.
Several of the larger-cap alts have posted notable losses over the past day, led by HYPE’s 5% decline to just over $40.
BTC Price Volatility Intensifies as XRP Hints at Big Move Ahead
Bitcoin’s price volatility returned over the past 12 hours or so as the tension in the Middle East continued to increase following the weekend developments.
Several of the larger-cap alts have posted notable losses over the past day, led by HYPE’s 5% decline to just over $40.
The first time I started paying attention to BNB, I’ll be honest I thought it was just another exchange token.
Most people around me saw it the same way. They believed BNB existed mainly to reduce trading fees on Binance. And at that time, that explanation sounded completely reasonable.
But the deeper I started looking into the ecosystem, the more I realized something interesting was happening behind the scenes.
BNB wasn’t just staying inside the exchange anymore.
It was slowly becoming part of a much larger system.
And today, if you really observe how the crypto space is evolving, it becomes clear that BNB is no longer just a simple utility token. It’s turning into something much bigger — a foundation that supports an entire blockchain ecosystem.