PENGU is today's top performer, followed by JUP, HASH, and RAIN.PENGU is today's top performer, followed by JUP, HASH, and RAIN.

Bitcoin (BTC) Halted at $80K, Pudgy Penguins (PENGU) Rockets by Double Digits: Market Watch

2026/04/27 17:49
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

After a quiet weekend despite some notable developments on the war front and a White House event evacuation, BTC’s volatility returned on Monday morning with a surge to almost $80,000 and an instant rejection.

Most altcoins followed suit, but red continues to dominate the 24-hour charts. HYPE and RAIN are among the few exceptions from the larger-cap alts.

BTC Stopped at $80K

After dipping below $75,000 at the beginning of the previous business week, BTC went on a run to touch $79,500 just hours later following the ceasefire extension by Iran and the US. The subsequent few trading days were a lot less eventful, as the cryptocurrency remained sideways between $77,000 and $78,500.

The weekend was just as calm, with the asset failing to make a major move. The only two exceptions were on Saturday morning and evening. At first, Trump canceled the US delegation’s trip to Pakistan to talk with the Iranians, and BTC slipped to $77,200.

However, it surged by a grand 12 hours later after reports emerged that Trump and all attendees at a special White House event were successfully evacuated following multiple gunshots fired by a 31-year-old California resident.

It wasn’t until Monday morning that BTC showed more volatility and jumped to $79,500 for the second time in the past week after reports that Iran has offered a deal to the US on how to end the war. However, bitcoin was rejected there and driven south to $77,500, where it found support and now sits close to $78,000 once again.

Its market cap is back at $1.560 trillion, while its dominance over the alts is still above 58% on CG.

BTCUSD April 27. Source: TradingViewBTCUSD April 27. Source: TradingView

PENGU Pumps

PENGU has stolen the show from the top 100 alts by market cap, surging by over 10% to near $0.01. JUP, HASH, and STABLE follow suit. The biggest gainers from the larger-cap alts are RAIN and HYPE, with price pumps of 4.5% and almost 3%, respectively.

In contrast, ETH, BNB, XRP, SOL, DOGE, ADA, and BCH have all posted minor losses, while XMR and ZEC are up by just over 1%.

The total crypto market cap remains at essentially the same spot as yesterday, at $2.680 trillion on CG.

Cryptocurrency Market Overview April 27. Source: QuantifyCryptoCryptocurrency Market Overview April 27. Source: QuantifyCrypto

The post Bitcoin (BTC) Halted at $80K, Pudgy Penguins (PENGU) Rockets by Double Digits: Market Watch appeared first on CryptoPotato.

Market Opportunity
Pudgy Penguins Logo
Pudgy Penguins Price(PENGU)
$0.01
$0.01$0.01
+13.94%
USD
Pudgy Penguins (PENGU) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Super Micro Computer (SMCI) Stock Jumps 9% as Biggest U.S. Campus Opens

Super Micro Computer (SMCI) Stock Jumps 9% as Biggest U.S. Campus Opens

TLDR SMCI stock rose 8.71% as the company opened its largest U.S. campus in San Jose — a 714,000 sq ft facility on 32.8 acres. The new site will handle AI infrastructure
Share
Coincentral2026/04/27 21:27
TSAM London: Clearwater Analytics on The Real Buy-Side Challenge

TSAM London: Clearwater Analytics on The Real Buy-Side Challenge

At TSAM London, Lotte Tønsberg from Clearwater Analytics discussed the biggest challenge currently facing buy-side […] The post TSAM London: Clearwater Analytics
Share
ffnews2026/04/27 20:21
Solana Dominates Crypto Token Launches, 85,000,000 Assets Registered

Solana Dominates Crypto Token Launches, 85,000,000 Assets Registered

The post Solana Dominates Crypto Token Launches, 85,000,000 Assets Registered appeared on BitcoinEthereumNews.com. The Solana blockchain has become the top destination for token launches in the cryptocurrency space. In a recent update shared by Solana, the network currently has the majority of token creations happening in its ecosystem. Solana alone has 85 million tokens on its blockchain. Why developers prefer Solana over Ethereum This figure is significant considering that there are 100 million tokens in total on major crypto networks. That is, across some of the big blockchain platforms in the industry, like Ethereum, Avalanche, Arbitrum and Base, developers have created 100 million different tokens. These include meme coins, stablecoins, LP tokens, project tokens and more. You Might Also Like Notably, the Solana network is home to 85% of this total volume. This massive dominance is driven by the meme coin frenzy and other factors that make developers favor the network. These include its very low fees and super-fast transaction throughput.   It is these features that have given Solana an edge over industry giant Ethereum. As recently reported by U.Today, Solana registered 2.9 billion transactions in the month of August 2025 alone. This figure is the same amount that Ethereum has been able to log since its launch in 2015. Despite its current transaction speed, Solana is working on becoming the fastest layer 1 with its Alpenglow upgrade. Once completed, it will make Solana work 80 times faster than its current speed and reduce transaction finality to below 150 milliseconds. Community reacts to Solana’s token explosion In the broader cryptocurrency community, some users have taken a swipe at the numbers and dominance of Solana.  You Might Also Like These users claim that while Solana might be home to 85% of the launched tokens, the network needs to do some house cleaning. This is to eliminate the many bad residents or dead tokens in the ecosystem. Another…
Share
BitcoinEthereumNews2025/09/18 00:12

Roll the Dice & Win Up to 1 BTC

Roll the Dice & Win Up to 1 BTCRoll the Dice & Win Up to 1 BTC

Invite friends & share 500,000 USDT!