Bitcoin Hits a Wall, XRP Waves Hello! And Other Market Shenanigans đŸ˜±

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So, Bitcoin decided it was time to take a little nap. The price shot up to nearly $106,000 and then, like a teenager being told to clean their room, it just *rejected* the idea of going any higher. A quick dip below $101,000 followed, but hey, it made a modest recovery, because who doesn’t love a comeback story?

Meanwhile, altcoins are like that friend who gets super excited at a party and then crashes HARD. PI had the worst hangover, losing a whopping 25%. And honestly, I don’t blame it; we’ve all been there. 🙄

Bitcoin’s Midlife Crisis at $106K

Bitcoin was feeling pretty smug last week, cozying up around $94,000 to $96,000, just chilling. But then, like someone who can’t resist an impulse buy, it shot past $100,000 faster than your last relationship ended. By May 8, it was living its best six-digit life.

Then, the US and China had their little drama moment (aka, a trade pause), and BTC took that as a sign to spike to almost $106,000. “Look at me!” it shouted… until the bears arrived and said, “Yeah, not today.” Within hours, Bitcoin had done the digital equivalent of faceplanting into $101,000.

But no worries—Bitcoin bounced back a bit, settling near $103,000. It’s still a big deal with a market cap of $2.04 trillion, but honestly, who’s counting? Oh, right. We are. 🙄

Altcoins Are Like… No, No, No!

Most altcoins had their time in the sun last week, basking in glory, only to get slapped with the reality of the market. Some meme coins—like DOGE, SHIB, PEPE, and WIF—saw a hefty 10% drop. Ouch, right? đŸ€•

But PI, bless its heart, took the biggest hit, losing a tragic 25% of its value. It’s now below $1.15, and let’s just say, not a fun place to be. 😬

But wait—XRP is over here like, “I’m good, thanks!” With a tiny daily gain, XRP crept up to $2.5. It even tried to flirt with $2.7 but, alas, the rejection was swift. Typical.

The total crypto market cap took a $100 billion hit since yesterday’s high, now standing at a modest $3.42 trillion. No biggie, right?

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2025-05-13 12:45