Bitcoin held above $66,000 through most of the weekend, even as some traders expected sharper moves.
Summary
- Bitcoin stayed above $66,000 for 36 hours after rebounding from Friday’s four-week low near $65,500.
- Major altcoins showed limited movement, while Bitcoin dominance slipped to 56% and market cap stalled.
- SIREN surged 13% to $1.80, while PI rebounded above $0.18 after recent weakness.
The steady action followed a volatile week that pushed the asset from near $72,000 to a four-week low before it recovered.
Most large-cap altcoins tracked Bitcoin’s calmer pace. Ethereum, XRP, Solana, and BNB posted only small moves, while a few smaller tokens recorded wider swings.
Bitcoin entered the weekend after several quick moves during the week. It traded above $70,000 last weekend, then dropped toward $67,500 on Monday as broader market tension returned.
The asset then climbed close to $72,000 after US President Donald Trump said the United States had reached a “de-escalation deal” with Iran. That move faded after Iran denied the claim, which pushed Bitcoin back toward $69,000.
Buyers lifted Bitcoin again to the $72,000 area on Wednesday morning. That rebound did not last, and another rejection followed later in the week.
By Friday, Bitcoin had fallen to around $65,500, its lowest level in four weeks. It then recovered and stayed above $66,000 for roughly 36 hours, showing a more stable pattern than some weekend forecasts had suggested.
Market cap and dominance stay under pressure
Despite the recovery from Friday’s low, Bitcoin’s market capitalization remained near $1.330 trillion. Its share of the total crypto market also slipped, with dominance standing at 56% on CoinGecko data.
The broader crypto market showed little change during the same period. Total market capitalization stayed near $2.370 trillion, which pointed to a pause in momentum across major digital assets.
Large-cap altcoins mostly moved in a narrow range. ETH, XRP, SOL, and DOGE posted small losses, while BNB, TRX, BCH, XMR, and HYPE recorded modest gains.
That price action suggested traders remained cautious after the earlier swings. The market did not show strong follow-through in either direction by Sunday.
SIREN surges while PI posts a modest rebound
Among smaller tokens, SIREN remained one of the most active names. The token gained another 13% over the past 24 hours and traded around $1.80.
Its recent trading range has been wide. SIREN had climbed to $3.60 earlier in the week before falling to $1.00, then rebounding again over the following days.
Pi Network’s PI token also moved higher, though at a slower pace. It rose more than 3% on the day and traded near $0.18 after slipping below $0.175.
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Source: https://crypto.news/bitcoin-stabilizes-at-66k-as-siren-jumps-and-pi-rebounds/
