Conversely, STABLE has dropped significantly in the last 24 hours, followed by TON.
Then there's XLM.
Although Bitcoin is still in the red on a weekly scale, the asset managed to achieve a slight recovery in the last 24 hours and is now stabilizing above $77,000.
Most large-cap altcoins are still seeing a notable stagnation, with only slight gains. Ethereum is trading above $2100, BNB is holding its ground above $640, while Ripple is pulling back again.
Bitcoin price surpasses $77,000
Bitcoin touched $82,400 on May 11, but it turned out to be just a pump and dump. The subsequent rejection, possibly fueled by rising inflation in the US, saw its price drop to below $79,000 in just two days. However, positive news regarding the CLARITY Act brought it back strong to $82,000 on Thursday.
The scenario repeated itself with increasing selling pressure. The drop that started last Friday was brutal, as the asset's price fell below $80,000 by Saturday, and then to under $78,000 by Monday. Sellers pushed the price down further that afternoon, marking a three-week low at $76,000.
Bitcoin's price has finally bounced back after a $6,000 drop in just days, jumping towards $77,000. Although it stalled at this level yesterday, it's managed to regain that ground and is currently trading near
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