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Just caught up on what's been happening with the crypto market update this week and it's pretty wild. So Bitcoin was on a solid run after those ceasefire talks kicked off, climbed all the way up near $74K, but then everything reversed hard when the peace deal fell through. Now BTC is hovering around $75.86K - still holding up decently though.
The altcoins got hit pretty bad with the pullback. Ethereum dropped to around $2.31K, XRP slipped to $1.42, BNB fell below $600 to $628.90, and Solana took a 2% hit down to $85.30. Honestly, most of the major alts followed Bitcoin down when the geopolitical uncertainty spiked.
What's interesting though? RAVE absolutely didn't care about the market update and kept pumping. That token went up another 40% today and is now up over 1,000% since last week. Crazy outlier move while everything else was dumping.
Overall crypto market cap lost like $30B and dropped to $2.51T. Bitcoin's still holding about 56% dominance. Classic risk-off move when geopolitical tensions spike, but the recovery seems to be holding so far.