Bitcoin’s price actions have calmed during the weekend, as probably expected, and the asset remains above the $68,000 level.
The altcoins have been slightly in the red in the past day, but they went through a highly positive trading week, with impressive gains from ETH, SOL, BCH, and especially DOGE.
BTC Calms Above $68K
Last weekend went without any fireworks as BTC had recovered to $62,000 after slumping below $59,000 on Thursday. The eventful price movements were left for the trading week, which started with a price surge on Monday to $64,500 at first and $66,500 later during the day.
Tuesday was even more volatile, with bitcoin surging to $68,000, getting rejected and pushed south by three grand, and jumping to $68,000 once again by Wednesday.
The primary cryptocurrency kept rising gradually in the following days, which culminated on Friday with a jump to $69,000 for the first time since the end of July. It has failed to overcome that level, though, and has lost some traction since then. Nevertheless, BTC still trades above $68,000 and is up by 8.5% within the past week.
Author: Jordan Lyanchev
