Bitcoin Price Hits $82K Before Halt; AVAX Defies Market Correction

The Bitcoin price briefly surpassed $82,000 on Saturday before being halted due to developments in the Middle East. This followed an impressive rally that saw it surge past $80,000 for the first time in two weeks.

However, most larger-cap altcoins have followed suit and are experiencing losses of up to 8% in some cases. Ethereum, for example, has declined by 2.6% after being rejected at $2,630.

Avalanche (AVAX) is a notable exception, having rocketed by over 11% daily to sit above $9.6. Other gainers include ENA, PEPE, and M.