Bitcoin Faces Challenges in Sustaining Stability Above $97K While Altcoins Experience Declines

Over the past 24 hours, Bitcoin (BTC) has exhibited unusual stability, oscillating slightly around $97,000, down 0.7%, a scenario that has also been reflected in some of the market’s main altcoins. Despite a turbulent week with oscillations between $95,000 and almost $99,000, BTC has managed to maintain a certain calm recently.
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Bitcoin’s recent fluctuations coincide with significant economic events, including statements from Donald Trump about imposing additional tariffs on certain imported goods in the United States and the release of new Consumer Price Index data from the U.S. Bureau of Labor Statistics. However, despite these potentially volatile factors, the weekend proved to be less eventful for the leading cryptocurrency.
In the altcoins arena, the situation is mixed. While Ethereum (ETH) is stable at around $2,700 and Ripple (XRP) is trading at around $2.73, Solana (SOL) remains close to $190. On the other hand, FET saw a 3% increase to reach a high of $0.7921, and TRON (TRX) was quoted close to $0.2416 with a 3% increase in the same period.
In contrast, the meme coin sector faced a challenging day with notable losses. The Official Trump token (TRUMP), launched by the former US president, rose to $24.50 before falling 10% to $18.60. Other cryptocurrencies such as Dogecoin (DOGE), Shiba Inu (SHIB), Bonk Inu (BONK), and dogwifhat (WIF) also recorded losses.