This week has been all about prices, hence the title. It appears that there’s tremendous anticipation for the approval of a spot Bitcoin ETF, which seems to be one of the main explanations given by many experts of the ongoing rally. A lot happened price-wise, so let’s unpack.

First things first, it’s important to note that the SEC is currently in a tight window to make a decision on whether or not they will approve a spot Bitcoin ETF. There’s the possibility of more delays, of course, but the market is optimistic. You can see that by the prices.

Bitcoin is currently trading above $37K, charting an increase of some 7.5% in the past seven days alone. The cryptocurrency even tried to surge past $38K yesterday, but the bulls didn’t have it in them (yet).

Nevertheless, it’s very critical to outline that while Bitcoin’s price has been rising, its dominance over the market has actually decreased. For those of you who don’t know, Bitcoin’s dominance is the metric that gauges its share relative to that of the rest of the market. In other words, the altcoin market outperformed BTC.

But was it all altcoins?