Bitcoin retreats near $80 while altcoins rise.

• Bitcoin today at US$78.323 with a slight increase.
• Altcoins remain high, with MemeCore standing out.
• Crypto market reacts to global geopolitical tensions

The cryptocurrency market has experienced strong volatility in recent hours, with Bitcoin once again approaching the psychological level of $80 before losing momentum. This movement occurs amidst external factors that continue to influence investors' risk appetite.

At the time of publication, Bitcoin is currently trading at $78.323,31, up 0,5% in the last 24 hours, showing a moderate recovery despite recent volatility.

The leading cryptocurrency briefly surpassed $79.500, marking its highest value since the end of January. The surge was linked to the extension of a ceasefire in the Middle East, which brought temporary relief to global markets.

Despite this, new reports indicated that tensions between the United States and Iran remain high. Iranian authorities also maintained their decision not to reopen the Strait of Hormuz, a strategic point for global oil trade.

Following these updates, Bitcoin retreated and began trading near $77.700, according to TradingView data. Daily fluctuations remain contained, while the asset continues to maintain positive performance for the week.

Recent data indicates that market positioning has reached its highest level in four months. This increase suggests greater confidence among investors, but also raises sensitivity to sharp price movements, especially with increased leverage.

With the slight correction, Bitcoin's market capitalization returned to around US$1,55 trillion. At the same time, its dominance over other cryptocurrencies rose to approximately 58,3%, reinforcing its weight in the sector.

While BTC lost momentum, some altcoins continued to rise. The standout was MemeCore (M), which advanced about 6% during the day and reached a new all-time high near US$4,60. The asset approached US$6 billion in market capitalization and surpassed Stellar (XLM) in rankings.

Other assets such as JST and PENGU also registered gains, albeit more modest ones. On the other hand, tokens such as PUMP, ENA, TRUMP, and UNI experienced declines between 5% and 6% during the same period.

Overall, the total cryptocurrency market capitalization fell by about 0,7% in the last 24 hours, remaining close to US$2,68 trillion, reflecting the balance between profit-taking and new inflows.