NEAR Rockets by 10% Daily, BTC Price Eyes $83K: Weekend Watch
Key Summary
Bitcoin has recovered from its Thursday collapse, reaching $83,000, while larger-cap alts like NEAR and ADA have posted notable gains. Most altcoins remain sluggish, with ETH and XRP struggling below $2,500 and $1.40, respectively. The total crypto market cap has shed $200 billion but has rebounded slightly to $2.8 trillion.
NEAR Rockets by 10% Daily, BTC Price Eyes $83K: Weekend Watch
Market Update
Bitcoin's price recovery from the Thursday collapse continues as the asset currently sits close to $83,000 after marking a multi-week low at under $80,500. Most larger-cap alts have remained sluggish on a daily basis, with ETH struggling below $2,500 and XRP barely defending the $1.40 support.
NEAR Protocol's Rise
However, NEAR Protocol's native token has risen the most among the larger-cap alts, rocketing by over 10% to $5.25.
Ethereum's Rebound
Ethereum has recovered slightly to almost $2,500, but it's still far away from its local top at $2,800.
Market Cap Rebound
The total crypto market cap has shed $200 billion from top to bottom but has rebounded slightly to $2.8 trillion on CMC.