XLM and HBAR Lead Altcoin Surge While Bitcoin Holds Steady at $118K
Bitcoin's price has remained stable around $118,000 following last week's rapid rally, showing minimal reaction to new tariff threats from former President Trump. After setting a fresh all-time high just under $119,000 on Friday, BTC has entered a consolidation phase, maintaining a $2.35 trillion market cap and its position as the sixth-largest global asset.
While Bitcoin’s momentum paused over the weekend, several altcoins accelerated. Stellar (XLM) and Hedera (HBAR) posted double-digit daily gains, extending their weekly rallies to over 85% and 50%, respectively. BONK also joined the breakout group, rising 12% in the last 24 hours.
Other mid-cap gainers like ALGO, IMX, and MNT showed more moderate advances, but overall market sentiment remains bullish. The total crypto market cap climbed by another $20 billion overnight, reaching $3.76 trillion and continuing to trend upward despite geopolitical noise.