SOL Eyes $200 After 5% Daily Surge, BTC Calms at $95K (Weekend Watch)

Bitcoin's Trading Activity Remains Low Over Weekend

Despite a lack of significant price movement over the past day, Bitcoin's trading volumes continue to decline over the weekend.

Altcoins Recover Ground

Following Saturday's correction, altcoins have partially recovered with Ethereum (ETH) rising above $3,400 and Dogecoin (DOGE) approaching $0.33.

Bitcoin Stalls at $95K

Bitcoin's recent correction erased December's price gains, with the asset plummeting to $92,000 on December 21st. Despite attempts to rebound, BTC has repeatedly faced resistance, pushing it back below $100,000.

Declining Trading Volumes Offer Respite

Falling trading volumes may be a concealed advantage for Bitcoin and other assets, potentially providing whales an opportunity for substantial purchases. However, BTC's market capitalization remains under $1.9 trillion, and its dominance over altcoins has decreased to 54%.

Altcoin Gains

The majority of altcoins experienced yesterday's market volatility but have since shown modest recoveries. ETH has surpassed $3,400, XRP is nearing $2.2, and BNB has defied market trends with a 2.5% increase to $718.

Dogecoin has gained over 3% and is接近$0.33, while SOL and SUI have surged by 5-6%. SOL now trades above $195, and SUI has breached $4.25.

HBAR, DOT, AAVE, APT, ICP, and PEPE are among other notable gainers.

The combined cryptocurrency market capitalization has risen by approximately $50 billion since yesterday, approaching $3.5 trillion.