Bitcoin Holds $80,000 After Five-Week Low as Major Altcoins Plunge Double Digits
Bitcoin rebounded from a five-week low near $79,100 to trade around $80,312 on Sunday, down 1.95% weekly. Ethereum stood at $2,332 and Solana at $101. Major altcoins fell sharply. Bitway dropped 29.31%, Rain 13.89%, Hedera 13.47%, and Aave 11.65%. Over $546 million in leveraged positions were liquidated in 24 hours, affecting more than 116,000 traders. Pepe rose 14.15% and MemeCore gained 19.4%.