Lisk Soars to New Heights as Bitcoin Stagnates at $77K

Bitcoin's price has been stuck in a tight range between $77,000 and $77,400 over the weekend, showing no clear direction. However, not all cryptocurrencies are experiencing stagnation. In fact, one altcoin has exploded by 325% daily to become the 92nd-largest by market cap.

The asset in question is Lisk (LSK), which has also seen an impressive 800% surge over the past week. Its price currently stands at $0.82. While larger-cap alts like Ethereum and BNB have seen minor losses, some smaller caps like CRO and PUMP are experiencing gains.

Bitcoin's struggles can be attributed to its failed attempts to break above the $82,400 mark earlier this month. The cryptocurrency dropped after the release of the US jobs report, but managed to rebound to its current price range. Despite its dominance over alts at 58.7%, BTC's market cap has retreated to under $1.550 trillion.