Although Bitcoin remains substantially lower on the weekly chart, the cryptocurrency has posted a modest recovery over the past 24 hours and currently trades above $77,000.
Most large-cap altcoins are still subdued with only minimal gains. Ethereum holds above $2,100, BNB stays near $640–$645, while XRP is lagging and trading in the red.
BTC Above $77K
Bitcoin briefly reached $82,400 on May 11, but that move turned out to be a false breakout. The subsequent sell-off — influenced in part by rising inflation data in the United States — pushed the price below $79,000 within days. Optimism surrounding the CLARITY Act helped fuel a rebound back to about $82,000 on Thursday.
The up-and-down pattern continued as sellers reasserted control. The decline that began last Friday deepened quickly: BTC slipped below $80,000 by Saturday and then traded under $78,000 on Monday. Selling pressure intensified that afternoon, driving the price down to a three-week low near $76,000.
After losing roughly $6,000 over several days, Bitcoin staged a recovery and climbed back toward $77,000. That level initially capped gains yesterday, but the asset has since reclaimed the zone and is trading around $77,500 as of the latest price action.
Bitcoin’s market capitalization has ticked up to about $1.55 trillion, and its dominance over alternative cryptocurrencies remains elevated, holding above 58% on CoinGecko.
Double-Digit Gainers
Overall, the larger-cap altcoin sector shows limited momentum. Ethereum remains supported at roughly $2,100 and BNB is hovering around $645. XRP continues to underperform and posts a slight daily loss, as do Dogecoin and Cardano.
Among privacy-focused tokens, Zcash and Monero registered notable moves: ZEC is up about 4% while XMR gained roughly 3%. Uniswap (UNI) and WLFI are modestly higher as well. Meanwhile, Stellar (XLM) and Bitcoin Cash (BCH) are recording declines near 3%.
Two smaller tokens have driven today’s standout gains. VVV surged roughly 20% to trade near $17.30, and XDC climbed about 12% to approximately $0.036, making them the day’s only double-digit performers.
The total cryptocurrency market capitalization recovered roughly $40 billion over the last 24 hours and stands near $2.66 trillion on CoinGecko.
Market participants remain cautious as Bitcoin consolidates near $77,000. Short-term volatility is likely to persist while macroeconomic indicators and regulatory developments continue to shape sentiment across the crypto market.