FARTCOIN has made a notable comeback, jumping 10% and reclaiming a spot among the top 100 altcoins by market cap, while Bitcoin continues to trade in a tight range around $85,000, showing minimal weekend movement.
The cryptocurrency market remained relatively quiet over the weekend. Bitcoin (BTC) hasn’t made any significant price breakouts, hovering steadily between $84,000 and $85,500 after a turbulent previous week. Larger altcoins like Ethereum and XRP have also exhibited low volatility, offering little excitement for traders in the short term.
Bitcoin Holds a Narrow Trading Range
Over the past few days, Bitcoin has been consolidating within a tight range, a stark contrast to the volatility it experienced earlier this month. Over the previous weekend, BTC broke past $82,000 and briefly hit highs above $86,000. Despite these brief gains, the momentum couldn’t sustain, resulting in two subsequent dips back to the $83,000 mark.
As of Sunday morning, Bitcoin is trading around $85,000 — right in the middle of its current range. The market is closely watching for a breakout, especially as many analysts suggest an uptrend is still intact and a significant move could happen soon, possibly pushing BTC toward the $90,000 level.
At the time of writing, Bitcoin’s market capitalization is approximately $1.68 trillion, according to CoinGecko. Meanwhile, Bitcoin dominance has slightly declined to 60.7%, reflecting some growth in altcoin activity but not enough to shift the market landscape significantly.
FARTCOIN Reclaims Ground
The major altcoins showed limited movement, with Ethereum (ETH) slightly below $1,600 and Ripple’s XRP down by about 1%. Among the top-tier altcoins, DOGE and ADA also saw marginal declines, while Solana (SOL) posted modest gains.
Meanwhile, the highlight of the weekend came from the mid-cap sector. FARTCOIN surged 10%, pushing it back into the top 100 by market valuation. This upward movement follows a previous drop that saw the token lose its ranking among notable assets. The market seems to have regained confidence in the coin, at least temporarily.
Other mid-cap performers include FET, registering a 9% daily gain, and TAO, which is up by 8.5%. These tokens show that while the flagship cryptocurrencies may be quiet, there’s still action in the lower tiers of the market.
Despite today’s relatively calm price action, the overall market remains robust. The combined crypto market cap is holding steady at $2.77 trillion, indicating resilience in the broader ecosystem.
While Bitcoin enjoys a moment of calm near the $85K threshold, traders should keep an eye on the market. The low volatility phase often precedes major moves, and with heightened speculation around future rallies, a breakout could be imminent. In the meantime, altcoins like FARTCOIN provide pockets of opportunity for active market participants seeking returns in an otherwise flat environment.
