TL;DR
BTC’s price held steady near $66,100 early Monday despite a turbulent weekend that saw sharp geopolitical shocks and rapid market swings. Traditional markets in Asia and Europe opened without triggering additional volatility, and US futures followed with little impact. The broader crypto landscape remained muted, with most major altcoins posting mild losses and struggling to regain momentum.
After last Wednesday’s rejection at $70,000, BTC slid below $67,000 before recovering to $68,000 heading into the weekend. Saturday’s intense volatility began when the US and Israel launched airstrikes against Iran, prompting retaliatory actions across the region. BTC plunged to a multi‑day low of $63,000 before rebounding sharply on reports that Iran’s Supreme Leader had been killed. The recovery pushed the asset back to $68,000, though it later dipped to $65,200 on Sunday. As markets reopened on Monday, BTC remained stable around $66,100, down nearly 1%, with its market cap still above $1.320 trillion and dominance at or above 56%.
Ethereum continued to struggle, losing the $2,000 support once more and now trading near $1,900 after dropping more than 2%. The broader crypto market mirrored this weakness, with several large‑cap assets posting daily declines. Despite expectations of heightened volatility as global markets reopened, ETH and its peers remained relatively quiet, reflecting cautious sentiment following the weekend’s geopolitical turmoil.
XRP was among the poorest performers during the initial wave of attacks, allowing BNB to overtake it in market cap. Although the two briefly swapped positions again on Sunday, BNB currently holds the advantage with a price of $619, down nearly 1%, and a market cap of $84.2 billion. XRP trades at $1.34 after a 2% drop, placing its valuation at $82.5 billion. The rivalry between the two continues to intensify as market conditions remain fragile.
Most major alts are slightly in the red. SOL trades at $83 after a 2% loss, while DOGE, ADA, BCH, HYPE, and LINK are down 2‑3%. CC and DOT have fallen more than 4%, while HTX stands out with a gain of over 3%. The total crypto market cap has slipped by roughly $30 billion, now sitting near $2.350 trillion.
