TL;DR
- Bitcoin held near $67,000 after dipping under $66,000. It followed a $90,000 rejection on Jan. 28, a slide to $60,000, then a rebound toward $72,000.
- BTC is down about 5% weekly; market cap is $1.340T and dominance 56.6%, signaling selective risk during this rebound attempt.
- HYPE and HBAR gained 5% while MYX slid 40%. PIPPIN rose 11% daily and 190% weekly as market cap stayed below $2.4T.
Bitcoin’s weak rebound is still searching for traction, with BTC hovering around $67,000 after failing to extend a quick bounce from a dip below $66,000. The tape suggests stabilization, but not a decisive re-risking impulse. The broader slide began after a rejection near $90,000 on January 28, then accelerated into last Friday’s low around $60,000. Buyers forced a sharp snapback that briefly lifted price toward $72,000, but follow-through has been limited before traders commit fresh capital.
Altcoins diverge as MYX breaks down and selective leaders rally
Since that snapback, resistance has reappeared, with Monday’s pullback resetting short-term momentum even as BTC briefly tagged $68,000. Bitcoin is holding a range, yet the range is being defended more by caution than by demand. The asset is down about 5% on the week, placing market capitalization near $1.340 trillion. Dominance has slipped to 56.6%, a sign that capital is probing selective alternatives instead of crowding into a broad BTC-led move. Liquidity is thin at levels.
Across large caps, the tone was modestly positive, but the majors have not reclaimed key psychological levels. Leadership is fragmented, and that keeps positioning light across the complex. Ethereum remained well below $2,000, while XRP stayed under $1.40. BNB held above $600, standing out as the most resilient among the top five by size. The net effect is a market that is green in spots, yet still operating with tight risk budgets. That caps upside follow-through.
That selectivity was clearer one tier down, where HYPE and HBAR led the gainers, each rising about 5% to roughly $31 and $0.094, respectively. Momentum is rotating toward specific tickers rather than lifting the whole basket. The sharpest downside belonged to MYX, which plunged nearly 40% on the day to below $3.3. The split between winners and losers reinforces that volatility is being expressed through dispersion, not direction. Traders treated it as a breakdown, not dip.
Smaller caps delivered the biggest swings: PIPPIN rose about 11% on the day and roughly 190% over the past week to almost $0.50, while ASTER and VET also logged notable advances. Altcoin strength is real, but it remains narrow and highly tactical. Even with these moves, total crypto market capitalization stayed below $2.4 trillion, up only about $20 billion from the prior day. For now, traders are buying pockets, not the market, until flows improve materially.
