Bitcoin tried to rise above $25,000 again in the last 24 hours, but was stopped short and fell back to $24,500 at present.
Most alternative coins have calmed down following the recent heightened volatility, with the exception of Filecoin, which produced another double-digit price surge.
Bitcoin fails at $25,000
Bitcoin went through a very volatile trading week, having topped $25,000 for the first time since August last year and then dumping around $2,000 hours later.
The bulls revved up the gas pedal the next day or two, pushing the asset back to just over $25,000. However, this was short-lived and BTC moved back below this line.
The asset remained calm at around $24,500 on Saturday and launched another leg towards $25,000 later in the day, but failed again.
Right now, cryptocurrency is on the same familiar ground. Its market capitalization remains calm at $475 billion, and its dominance over altcoins is still at 42.5%.
FIL continues to increase
Although most of the alternative coins have been very volatile over the week, the last seven days belong to Filecoin. FIL has recorded three consecutive days of double-digit price increases, with the past 24 hours bringing another 18% increase. Overall, the asset is up more than 70% for the same period.
Chainlink, HBAR, VET and GRT are the other notable gainers in larger cap alts, all of which are up around 7% in one day.
The top 10 altcoins are much calmer today. Ethereum, Binance Coin, Ripple, Polygon, OKB, and Shiba Inu are seeing minor price dips, while Cardano, Dogecoin, Polkadot, and Solana have seen insignificant gains.
The cumulative market capitalization of all cryptocurrency assets remained relatively calm at just over $1.1 trillion on CMC.
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