HYPE Soars 14% in a Day, Bitcoin Targets $112K: Weekend Update
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Bitcoin Price Movement: Bitcoin has surpassed $112,000 for the first time since Tuesday, recovering from a previous drop to just over $106,000 after a brief rally earlier in the week.
Altcoin Performance: Most altcoins are slightly up, with HYPE leading the surge at 14% to $46, while XRP has increased by 4% to $2.65, and ETH is nearing $4,000.
Market Capitalization: The total cryptocurrency market cap has risen by approximately $40 billion, reaching close to $3.890 trillion, with Bitcoin's market cap exceeding $2.240 trillion.
Market Dynamics: Bitcoin's dominance over altcoins has decreased to 57.7%, indicating a shift in market dynamics as various altcoins experience significant gains.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








