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Bitcoin<\/span><\/a> stayed flat over the weekend, traded between $94,000 and $95,000. This peace came after a week of notable volatility. BTC jumped past $102,000 on Tuesday, only to see a dramatic decline bringing it almost to $92,000. Uncertainty in the market resulted from rumors of the Biden administration pressuring the Department of Justice to sell the Bitcoin reserves of the nation.<\/span><\/p>\n Furthermore contributing to the downward pressure on Bitcoin\u2019s price is U.S. labor market statistics. BTC found support close to $91,000 despite these obstacles. Bulls maintained their defense of the $94,000 level; Bitcoin briefly surged to $95,000 before steadying. As CG reports, BTC maintained a steady market capitalization of $1.865 trillion by the end of the weekend.<\/span><\/p>\n Source: CoinGecko<\/p>\n<\/div>\n While the performance of Bitcoin was consistent, altcoins saw notable movement. The cross-border payment token <\/span>XRP<\/span><\/a>, Ripple, saw an interesting increase. Reflecting great investor interest, its price went from $2.33 to $2.60 before settling at $2.52.<\/span><\/p>\n With almost a 10% gain, <\/span>Cardano<\/span><\/a>\u2018s ADA also did rather well. Reaching a critical resistance level suggesting strong market demand, the token came out to be $1.04. Likewise, XLM, the native token of Stellar, acquired over 8% trading at $0.45 by weekend\u2019s end.<\/span><\/p>\n Showcasing their potential to draw traders seeking opportunities, these altcoins stood out as strong performers in a market where some tokens battled to stay active.<\/span><\/p>\nAltcoin Market XRP, ADA, and XLM Shine<\/b><\/h2>\n
SUI and Others Experience Reductions<\/b><\/h2>\n