LAST WEEK’S TOP CRYPTO PERFORMERS AS BITCOIN NEARS $67K 

Among the top 100 cryptocurrencies, Ondo has experienced the most significant increase, surging close to 100%.

Over the last half day, Bitcoin has bounced back from its recent declines, adding over $5,000 since the low on Friday.

A number of altcoins have surpassed Bitcoin’s performance, with SOL approaching $190, and both NEAR and ICP experiencing significant double-digit gains.

Bitcoin’s Bounce Back

The past week was somewhat tumultuous for Bitcoin. The trouble began on Monday with a significant dip, and the situation deteriorated further on Tuesday as the price fell below $61,000 due to concerns over the imminent US FOMC meeting.

Following the meeting, where the Federal Reserve maintained its current financial strategy, Bitcoin rallied, adding around $7,000 in a little over a day. The uptrend was short-lived, though, with Bitcoin losing value on Thursday and Friday, eventually dropping to $62,500.

Over the weekend, Bitcoin attempted a recovery, reaching as high as $66,000, before once again picking up momentum on Monday morning, climbing to $67,500 for the first time in several days.

Currently, Bitcoin’s price has slightly declined, now just below $67,000. However, its market capitalization has once again surpassed $1.3 trillion, with its dominance over altcoins slightly increasing to 49.3%.

On a daily basis, SOL, AVAX, TON, BCH, NEAR, OP, and ICP have seen the most significant increases, with ICP leading with a notable 23% jump.

However, the weekly performance tells a different story for some. For instance, SOL and AVAX have both dropped by 7%. Similarly, DOT, TRX, ADA, and ETH have seen declines.

On the flip side, Toncoin has surged over 35%. ONDO has outshined all other top 100 cryptocurrencies, with a remarkable 92% increase, pushing its price over $0.9.

The total market capitalization of cryptocurrencies has recovered some of its recent losses, now standing over $2.650 trillion.

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