Massive Gains From These Altcoins as Bitcoin (BTC) Stalls at $84K: Weekend Watch

ENA leads the charge today after yesterday's partnership with Binance.

After intense price volatility at the start of the business week, bitcoin has calmed in the past few days and has remained sideways at around $84,000.

Although the same can be said about many larger-cap alts, some of the mid-caps have produced impressive gains, such as ENA, CC, SUI, and PUMP.

BTC Calms at $84K

The primary cryptocurrency was stopped at $82,000 last Saturday after the US and Iran resumed strikes against each other. Bitcoin slipped to $80,300 on Sunday but managed to remain above the key $80,000 support. The bulls took complete control of the market on Monday, initiating a $7,000 leg up that pushed the asset to its highest price level since late January at $87,000.

Bitcoin was stopped there at first and quickly retreated to $84,000. It went on the offensive once again a day later, but the $87,300 barrier was too strong. This rejection was a lot more severe, as BTC dropped to $84,000 by Wednesday and to $83,000 on Thursday morning.

Nevertheless, that support held and BTC rebounded to $85,000 on Friday. It was stopped there again and has remained sideways at around $84,000 ever since, but the pressure could intensify soon. Its market capitalization has calmed at $1.680 trillion on CMC, but its dominance over the alts has slipped to 58.6%.