This weekend is somewhat different than the status quo, as BTC has experienced a lot more volatility, mainly heading south.

The altcoins have suffered even more, with the likes of DOGE, APT, WIF, and many others dropping by well over 5% in the past day.

BTC Slipped Below $68K

The business week started on a highly positive note for bitcoin as it jumped from $67,500 to over $71,500 on Monday and Tuesday morning. The bulls kept pushing the gas pedal, which culminated in a price surge to $73,600 later on Tuesday. As BTC came $150 away from marking a new all-time high, though, the landscape started to change, and the asset retreated to $72,000 by Wednesday.

More painful declines followed on Thursday and Friday, as the cryptocurrency dropped to $68,800. It bounced off almost immediately and soared to $71,600, but it faced another rejection.

The bears pushed it south to $68,800 once again on Saturday, but they remained persistent, and bitcoin fell to a weekly low of under $68,000 earlier today.

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Author: Jordan Lyanchev

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