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Bro, I saw that the crypto market had a pretty interesting weekend. On Saturday, everything plummeted when the US and Israel attacks on Iran came out of nowhere, and Bitcoin dropped below $64,000. But then on Sunday, people started interpreting Khamenei's death as a sign of a shorter conflict, and everything turned back up again.
Bitcoin rose about 5% and closed at $66,843, but what really caught attention was Solana skyrocketing 10.8% to $86.42. Ether went up 7.5% and nearly returned to $2,000, XRP gained 5.6%, Cardano 6.7%, Dogecoin 6.5%, and BNB 4.8%. Seems a lot, right? Like gaining 10% of $1,000 in a day.
But honestly, I think that was more weekend movement with low liquidity. Looking at the whole week, Bitcoin is still down 1.6%, XRP fell 2%, Dogecoin lost 2.5%. Only Solana and Ether managed to stay positive for the week, with 1.7% and 1.1% respectively. Sunday’s rally seems too fragile to me. The real test will be when traditional markets open again and institutional capital reacts to what happened over the weekend. If oil spikes and stocks open lower, we might see this optimism disappear way too fast.