SOL and SUI Gain Momentum as BTC Price Stabilizes at $84K (Weekend Watch)

SOL and SUI Gain Momentum as BTC Price Stabilizes at $84K (Weekend Watch)

Bitcoin surged by over three grand on Friday but failed to overcome the resistance at $85,000 and has slipped by about a grand since then.Several altcoins have produced impressive gains over the past day, and ATOM stands out as the only one with a double-digit increase.BTC at $84KThe primary cryptocurrency had a rocky start to the week as it lost the $86,000 level, which held during the previous weekend, and slumped to $80,000 on Monday. After a brief rebound to $84,000, thebearstook complete control of the market and pushed it south hard to under $77,000 for the first time in approximately four months.After losing nearly ten grand in less than 48 hours, BTC finally reacted well and jumped above $80,000 hours later. It keptclimbingon Wednesday after the favorable US CPI data but was stopped at $84,000 and driven back down to $80,000. More volatility ensued on Thursday and especially onFridaywhen it jumped from $82,000 to a multi-day peak of over $85,000 within hours.However, the rally faced another rejection, and BTC now trades quietly at around $84,000. According to some analysts, this is a crucial support zone that could determine whether bitcoin has the legs to challenge $90,000 soon.For now, its market cap remains under $1.670 trillion on CG, while its dominance over the alts is close to 59%.SOL, SUI on the RiseAs mentioned above, the two top gainers from the larger-cap alts are SOL and SUI. Both have jumped by over 6% and now trade above $230 and $2.35, respectively.ETH remains above $1,900 despite some warnings about a potential drop below $1,300, while XRP has tapped $2.4 after a 4% daily surge. BNB has neared $600, while DOGE, ADA, and LTC are up by around 3% each.The total crypto market cap has added about $60 billion since yesterday’s low and is up to $2.840 trillion on CG.

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