Bitcoin (BTC) rebounded to $118,400 after plunging to a two-week low of $114,500 on Friday, triggered by Galaxy Digital's sale of 80,000 BTC valued over $9 billion for a third party. The asset recovered approximately $4,000 within 48 hours, with its market cap climbing to $2.35 trillion. Analysts suggest holding above $116,800 could pave the way for new all-time highs.
Altcoins showed mixed performance, but Cronos (CRO) surged 5-6% to over $0.14 – a six-month peak – while Sui (SUI) gained 10% to $4 on Saturday and added another 6% to exceed $4.20 on Sunday. Hedera (HBAR) led top-100 alts with a 10% daily jump above $0.29. Ethereum reclaimed $3,800, and XRP held $3.20 amid broader modest gains. Total crypto market cap recovered $100 billion from Friday's $3.87 trillion low, reaching $3.97 trillion.