Ripple (XRP) eyes $2.5, Bitcoin (BTC) jumps to $102,000 (weekend watch)

Bitcoin price has consolidated its position above the coveted $100,000 mark and even jumped above $102,000 earlier this morning.

Most altcoins are also in the red today with modest gains. XRP and BNB stand out as the biggest daily gainers.

BTC Eyes New ATH?

The start of the trading week was quite painful for the major cryptocurrency as it fell towards $94,400 on a couple of occasions. However, it managed to bounce back after touching this support line for the second time and reached $98,000 on Wednesday.

The gains continued in the following days, with BTC returning to six-digit territory on Thursday. Apart from a few brief price dips below this level, bitcoin has managed to stay above it for the most part.

It also soared above $102,500 this morning to mark a nine-day high. It has lost some ground since then and sits below $102,000 as of now, but is still up 1.5% on the day.

This has pushed its market cap above $2 trillion. Its dominance over the highs has slipped slightly from its weekly high of 53% to 52.5%.

Bitcoin/Price/Chart 14.12.2024. Source: TradingView XRP, BNB on the rise

Most of the larger cap alternatives have lower earnings today. ETH has recovered to $3,900 after a slight increase of 1%. SOL, DOGE, ADA, AVAX and SHIB have posted similar gains.

Binance Coin is up 3% and trading above $725. XRP has stolen the spotlight at the biggest highs, having surged 6%. It even took advantage of $2.5 earlier today, but has pulled back slightly since then. LINK, XLM and TRX are the other notable profits.

The cumulative market capitalization of all crypto assets is still above $3.8 trillion after a 1% increase in the last 24 hours.

Cryptocurrency Market Overview. Source: QuantifyCrypto SPECIAL OFFER (Sponsored) Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive an exclusive welcome offer of $600 to Binance (full details).

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