If you stood very still and listened, you could probably hear Bitcoin yawning. Yes, while America fiddled with its CPI numbers (and economists everywhere fiddled with their glasses), Bitcoin’s price barely blinked. Lower-than-expected inflation? How about lower-than-expected excitement!
Meanwhile, in the wild and wobbly world of altcoins, chaos reigned. Lions! Tigers! RAY and ENA! (Alright, maybe not tigers, but definitely an assortment of plucky coins doing somersaults as if someone sprinkled sherbet on the market floor 🍬).
The Curious Case of the Bouncing BTC
Once upon a Thursday, Bitcoin packed its tiny digital suitcase and pranced over the glittery $100,000 cliff. Up, up, and away… until Monday, when news of a US-China tariff pause sent BTC shooting toward $106,000 – which, for Bitcoin, is basically the moon. Or at least the garden shed on the roof.
But just as it was picking out curtains for its new high-altitude residence, along came the bears. Large, smelly, furiously pawing at the price chart (probably annoyed because they wanted fish instead of Bitcoin). Down tumbled BTC, past $101,000, clinging on by its digital fingernails.
Fear not! Our hero bounced back (as all good heroes do), springing to a respectable $103,000 – only to get bonked on the nose trying to reach $105,000 that evening. Someone should really check if there’s an invisible glass ceiling up there. 🤔
Now, Bitcoin is hanging onto $103,000 for dear life, while its once-mighty dominance over alts has shrunk to 59.1%. Perhaps it’s time for BTC to join a support group?
Ethereum Has a Growth Spurt (and Some Friends Join In)
Ethereum spent the week looking a bit glum, but suddenly—whoosh!—it zoomed up by 4.5% in 24 hours. Now it’s lounging around $2,600, sipping lemonade and glancing smugly at its shiny new peak of $2,750 earlier today. (Warning: May cause uncontrollable investor grinning.)
As for the other alts, Solana, Dogecoin, TRX, AVAX, and PI all put on their jumping shoes. RAY, ENA, and MKR? Triple backflips! WIF tried something daring too…but mostly just faceplanted with a 5% dip.
All in all, the total crypto market cap ballooned by over $60 billion. Somewhere, a big cartoon vault is about to explode confetti. 🎉
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2025-05-14 12:41