Bitcoin Holds Near $84K as Altcoins Surge: Ethena +20%, Sui and Jupiter +13%
- —Bitcoin near $84,000, up 3.6% on the week; total market cap $2.98T (+0.3%)
- —Ethena up 20% in 24 hours; Sui and Jupiter each gained 13%
- —Solana +3% to $121, Chainlink +4%, Uniswap +6%
- —Short-term holder SOPR rose to 1.017, the highest in 14 months
Why it matters: Rising profit-taking combined with growing leverage raises the risk of short-term volatility in bitcoin, though no downtrend signals have emerged yet.
Source: BTC-ECHO