The price movements of Bitcoin have stabilized over the weekend, as was likely anticipated, and the asset continues to hold above the $68,000 mark.
In the altcoin sector, the past 24 hours have shown slight dips; however, the overall trading week has been very positive, highlighted by significant gains from ETH, SOL, BCH, and particularly DOGE.
BTC Holds Steady Above $68K
Last weekend lacked significant activity, with BTC recovering to $62,000 after a drop below $59,000 on Thursday. The more dynamic price shifts occurred during the trading week, kicking off with a surge to $64,500 on Monday and later reaching $66,500 in the same day.
Tuesday proved to be even more turbulent, with Bitcoin hitting $68,000, facing a pullback of three grand, only to surge back to $68,000 by Wednesday.
The leading cryptocurrency continued its gradual ascent over the following days, peaking on Friday with a rise to $69,000 for the first time since late July. However, it struggled to maintain this level and has since lost some momentum. Nevertheless, BTC still trades above $68,000 and has appreciated by 8.5% over the past week.
Its market capitalization has steadied at $1.350 trillion, maintaining a dominance of 55.1% over altcoins according to CG.
APE Returns to Top 100
As reported earlier today, ApeCoin has emerged as the standout performer over the last 24 hours, skyrocketing by more than 60% daily following the launch of its mainnet. Consequently, APE has re-entered the top 100 largest altcoins by market cap, now priced at $1.2.
While many altcoins have experienced minor losses recently, we will emphasize their weekly performances, with Dogecoin taking the lead. The original meme coin has surged nearly 30% since last Sunday, currently trading above $0.14 after recent interactions involving Elon Musk.
Other notable gainers include LTC (13%), BCH (9.5%), SOL (8%), and ETH (7%).
The total cryptocurrency market cap has stabilized at $2.450 trillion after a weekly increase of about $150 billion.
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