Related Reading: Stacks (STX) Rallies By 29% In The Past 7 Days – Here’s WhyĪs the week approaches, market participants will closely observe the incoming volume and its potential impact on price movements.
This indicates that Bitcoin outperforms altcoins, further emphasizing its significance and influence within the market. Bitcoin’s dominance in the market has also increased, reaching 48% compared to 47.7% the previous day. While Bitcoin has experienced a slight gain of 0.3% in the past 24 hours, it has still recorded a notable weekly gain of 14.4%. Looking at the broader market, Bitcoin (BTC) is currently trading at a critical level of $30,000, with bulls fiercely battling to defend this important psychological and technical support. This surge in value is particularly noteworthy considering the recent major rally in the market, suggesting that Pepe has managed to sustain and build upon its positive momentum. In contrast to the choppy price action seen across the market, Pepe upward momentum remains strong, reflecting positive investor sentiment and demand for the token. Source Coinmarketcap PEPE Sustains Positive Momentum Pepe price resurgence has been second only to Bitcoin Cash.
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