$BTC Price Reclaims $54K Level, SUI Explodes 11% Daily (Weekend Watch) - CryptoPotato Analytics

Irma - Sep 8 - - Dev Community

Bitcoin's price tumbled to $52,800 on Friday but recovered to maintain above $54,000 by Saturday. Despite a brief spike to $57,000 after the US jobs report, BTC fell sharply, now trading sideways around $54,500. The weekly decline of 7% has dropped its market cap to $1.075 trillion, with dominance at 53.2%.

Altcoins have seen minor gains, with ETH nearing $2,300 and BNB reclaiming $505. SOL, DOGE, TRX, TON posted modest increases, while ADA is up 4% and AVAX has risen 6%. The standout is SUI, soaring 11%, now close to $1.

The total crypto market cap has defended $2 trillion, sitting $20 billion above that level.

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