[Weekly Market] Bitcoin remains at $84,000... TRON surges 8.8%

Doohyun Hwang

Summary

TRON (TRX) reported an 8.81% increase over the past week, achieving the most notable performance among the top assets.
Bitcoin (BTC) fluctuated around the $84,000 mark without showing a clear direction.
Bitcoin maintains its position as the market leader with a market capitalization of approximately $1.6675 trillion.

Amid mixed trends in major cryptocurrencies, TRON (TRX) rose over 8% in a week, marking the highest increase among the top 10 assets. On the other hand, Bitcoin (BTC) fluctuated around the $84,000 mark without showing a clear direction.

As of 11:20 AM on the 23rd, according to the global cryptocurrency market site CoinMarketCap, Bitcoin is trading at $84,045.34, up 0.24% from the previous week. Its market capitalization remains at approximately $1.6675 trillion, maintaining its position as the market leader. Ethereum (ETH) rose 3.87% over the same period, reaching $1,994.19, with a market capitalization of $240.5 billion, ranking second.

BNB rose 2.07% over the week to $625.64. XRP is trading at $2.37, down 0.45%. Solana (SOL) fell 4.86% over the week, dropping to $129.06. Dogecoin (DOGE) and Cardano (ADA) fell 3.83% and 4.41%, respectively, continuing their downward trend.

In contrast, TRON showed a notable increase with a daily rise of 1.94% and a weekly rise of 8.81%, trading at $0.2399. Its market capitalization is $22.8 billion, narrowing the gap with Dogecoin ($24.9 billion) and Cardano ($25.9 billion) to around $2 billion.