Bitcoin’s Surge Followed by Rapid Decline as Altcoins Remain Stalled

The cryptocurrency market experienced volatility this week, with Bitcoin (BTC) achieving a surge to $86,000 before a swift price drop. Despite the weekend peak, Bitcoin has since slipped below $85,000 and continues to hold over 60% of the total market dominance, its highest level since 2021. Meanwhile, altcoins like Solana (SOL) and TRON (TRX) managed to outperform the overall market with modest gains, while other coins witnessed relatively small losses.