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Bitcoin rose to $ 71,000
Bitcoin BTC $71,464.37 Mezo Wrapped BTC 2.23% Market capitalization $39.83 million VOL. 24 hours $2.46 billion holds its position above $ 71,000, demonstrating stability despite fluctuations in global stock markets. On Friday, it traded at around $ 71,300, up 2.6% over the day and slightly higher than the week’s figures.
Other cryptocurrencies also showed growth: Ethereum ETH $2,129.71 Bridged Ether (StarkGate) 3.37% Market capitalization $42.99 million VOL. 24 hours $1.34 billion rose to $ 2,117 (4.6%), Solana SOL $89.59 Binance-Peg SOL 3.27% Market capitalization $98.55 million VOL. 24 hours $0.43 billion added more than 5%, XRP XRP $1.41 XRP 2.22% Market capitalization $86.56 billion VOL. 24 hours $0.27 billion reached $ 1.41, and BNB BNB $663.05 BNB 1.69% Market capitalization $90.41 billion VOL. 24 hours $0.13 billion held around $ 661. The total market capitalization remains at around $ 2.4 trillion for the third consecutive session.
Unlike traditional markets, which react to rising oil prices and geopolitical tensions, cryptocurrencies remain relatively calm. Analysts note that bitcoin has consolidated at the upper limit of the consolidation range of $ 60−72 thousand, holding its position even amid a stronger dollar and falling indices.
According to Glassnode, the current phase looks more like stabilization than a breakout. A new bullish trend requires an inflow of new capital, as the market is currently operating mainly through the redistribution of funds between existing participants.
Experts also point to the growing interest of institutions in the so-called Bitcoin DeFi, a financial infrastructure built directly on the basis of bitcoin. This may become a key factor in the future, but for now, the market is comfortably within the established corridor, waiting for new macroeconomic incentives or investment inflows.
