This weekend is somewhat different from the status quo as BTC experienced much more volatility, mostly moving south.
Altcoins have suffered even more, with cryptocurrencies such as DOGE, APT, WIF and many others falling over 5% in the last day.
BTC fell below $68 thousand.
The business week started off on a very positive note for Bitcoin, with it jumping from $67,500 to over $71,500 on Monday and Tuesday morning. Bulls continued to put their foot on the gas, pushing prices higher to $73,600 later on Tuesday. However, as BTC pulled back from a new all-time high of $150, the tide began to turn, and the asset fell to $72,000 by Wednesday.
More painful declines followed on Thursday and Friday, with the cryptocurrency falling to $68,800. The price rebounded almost immediately and soared to $71,600, but faced another rejection.
On Saturday, the bears pushed it lower again to $68,800, but they remained persistent and Bitcoin fell to a one-week low below $68,000 earlier today.
It has since recovered slightly and is now trading around $68,500. However, it is still down 2% on the day and its market capitalization has fallen to $1.350 trillion. On the plus side, its dominance over alternatives has jumped to 56.6% in CG.
Violas turn red
Today, the entire altcoin market turned red with ETH and BNB falling by about 3% each. Consequently, ETH is now below $2,450 and BNB is close to falling below $560. A similar decline is observed in SOL, XRP, TRX, TON, LINK and BCH.
Even more painful results are observed for ADA (-5%), AVAX (-6%) and Dogecoin (-7.5%). In fact, the larger meme coin has lost the most in the last 24 hours compared to larger-cap alt coins.
The prices that fell the most were BRETT (-9%), PYTH (-8%), MEW (-8%), ICP (-7.5%) and APT (-7%).
The total crypto market capitalization lost another $60 billion overnight, while CG stands at less than $2.4 trillion.
