Bitcoin Stays Stable Around $113K as AI Altcoin Soars by 110%: Market Overview
Bitcoin's price has exhibited fluctuations, holding steady around $113,000 while a notable AI altcoin has surged significantly.
Bitcoin’s price has fluctuated recently, with a fall to $101,000 following some corrections, before stabilizing around $113,000. Amidst this, an AI-focused altcoin, ChainOpera AI’s COAI, has seen a dramatic surge of 113%.
BTC Stabilizes at $113K
Despite starting Uptober with a peak over $126,000, immediate reactions to external economic pressures caused significant drops. After experiencing a brief decline, Bitcoin is now holding steady. Its current market cap is approximately $2.25 trillion, with dominance over altcoins sitting below 57%.
Image Source: TradingView
COAI’s Spectacular Rise
Among altcoins, COAI stands out with its recent gains, now trading close to $16. Other notable increases include ZEC (+18%), ASTER (+11%) and TAO (+10%). Overall, the crypto market has recovered about $100 billion since yesterday, totaling roughly $3.96 trillion.
