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Bitcoin Holds Above $8,000 While Altcoins Show Mixed Signals

Bitcoin’s Resiliency

Bitcoin (BTC) is strutting its stuff above the $8,000 mark, landing at approximately $8,364 at the last check. With a meager increase of 2.23% over the past 24 hours, BTC seems to be enjoying a period of low volatility. The wildest swings saw it dip to $8,191 and peak around $8,529.

Weekly and Monthly Outlook

However, not all that glitters is gold. For those more inclined to look at the weekly stats, Bitcoin is down nearly 15%, having last reached a high of $9,542 on September 24. Monthly-wise, it’s also lagging, showing a 12.82% slip with a low of $7,797. Talk about a rollercoaster!

Ethereum’s Slight Gain

Following Bitcoin, Ethereum (ETH) is also putting on a brave face. Currently trading at around $178.40, the number two coin has seen a slight **increase of 0.71%**. However, the weekly chart presents a sad face, indicating a decline of **13%**, though it boasts a **5.28%** increase over the month. Amidst this, Ethereum made headlines when the SKALE network successfully garnered $17.1 million in funding for its mainnet launch.

XRP’s Bumpy Ride

XRP seems to be experiencing some turbulence, dropping **2.43%** to a trading price of about $0.253. After hitting an intraweek low of **$0.229** on September 24 and a high of **$0.262**, XRP is certainly feeling the heat. Talk about emotional trading!

Market Overview: Winners and Losers

Now let’s take a step back and revel in the broader cryptocurrency landscape. The total market cap is approximately $222.3 billion. In a world of mixed signals, Chainlink (LINK) and Tezos (XTZ) are the ones shining bright, boasting gains of **3.73%** and **4.75%**, respectively. On the flip side, Tron (TRX) and Bitcoin SV (BSV) are struggling, with losses of **1.94%** and **3.58%**. As for Stellar (XLM), it’s barely clinging to the gainers club, up just **0.17%** and trading at $0.059.

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