Bitcoin’s price movements have calmed over the weekend, somewhat expected, and the asset stands still at around $62,000.

Most alts have performed in a similar fashion since Friday, but the weekly landscape is quite painful, with several double-digit losers.

BTC Stalls at $62K

It’s safe to say that it wasn’t a good week for the primary cryptocurrency. It stood above $66,000 last Sunday but its troubles began as soon as Monday with a nosedive to $63,000. The situation worsened mid-week amid the escalating tension in the Middle East. This culminated on Wednesday and Thursday with a few price dips below the coveted $60,000 level.

Nevertheless, the bulls managed to defend that level and pushed bitcoin north. Since that multi-week low on Thursday, the cryptocurrency has regained about two grand and now stands around $62,000. Its movements during the weekend have been quite dull.

Still, bitcoin is down by more than 5% in the past week. This means that its market dominance has plunged from over $1.3 trillion to $1.225 trillion now. Its dominance over the alts, though, has increased during the same period to 54.3% on CG.