The digital currency POL surged 17% in one day, and the price of Bitcoin stabilized above US$90,000

Bitcoin price action was calm above $90,000, contradicting expectations for sharp moves on Friday due to major developments in the United States.

The price has not fluctuated significantly over the past 12 hours, but has stabilized around $90,500 with limited fluctuations.

Bitcoin price started the trading week with positive momentum, rising to nearly $95,000 on Tuesday morning, holding on to support at $90,000 during a volatile weekend.

The movement comes in the wake of major political and military events in Venezuela, which have seen the country’s currency remain at its levels despite tensions.

But after hitting a peak it hadn’t reached in weeks, Bitcoin’s price quickly declined, falling to $91,200 before trying to recover to around $94,000 before stalling again.

The pressure continued throughout the week until it dropped to $89,000 levels on Thursday before buyers were able to cut their losses and recover it to $92,000 yesterday.

The market expected more volatility as it awaited the U.S. Supreme Court’s ruling on the legality of Trump’s tariffs, but that ruling was delayed, which caused Bitcoin to remain within a tight range without sharp moves.

Bitcoin’s market capitalization is approximately $1.81 trillion, and its market dominance is close to 57%.

On the altcoin front, performance remains generally subdued.

Ethereum (ETH) price fell slightly to stay below $3,100, XRP was close to breaking out of the $2.10 level, while SOL fell to $136 and DOGE fell to $0.14.

On the other hand, POL gained attention by rising 17% to close at $0.17.

TAO and SUI also posted daily gains, with BNB closing above $900 and TRX approaching $0.30.

The total market value of digital currencies rose by approximately US$20 billion in one day, reaching US$3.18 trillion.

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