Bitcoin has remained stuck during the weekend amid the lower trading volumes but still stands above $27,000.

The altcoins are also quiet on a daily scale, but several – such as LDO, INJ, and QNT, have produced massive weekly gains.

BTC Flat at $27K

It was less than a week ago, on Monday when the primary cryptocurrency initiated a massive leg-up that resulted in tapping a three-week high at $28,500. This came after the initial deal reached by the US government in regard to the nation’s debt ceiling.

However, the asset failed to continue upwards and returned to $28,000 by Tuesday. A significant $1,000 price drop occurred on Wednesday, which was mimicked by a similar one a day later. Ultimately, BTC dropped to a weekly low on Friday morning at under $26,600.

The bulls managed to intercept the move and helped bitcoin recover some of the losses by the time the weekend arrived. The past two days have been rather uneventful, as the cryptocurrency remains stuck at just above $27,000 amid the typically low weekend trading volumes.