Bitcoin (BTC) Price Recovers From a Weekly Low, Ethereum (ETH) Eyes $3.8K (Weekend Watch)

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After a few days of sideways trading, bitcoin’s price headed south on Friday and slipped to a weekly low of around $66,600 before it recovered approximately a grand.

The altcoins are quite sluggish today, with ETH gaining about 1% of value and closing down on the $3,800 mark.The start of the business week went under the total domination of the bulls as they drove the primary cryptocurrency from under $69,000 to a weekly high of over $70,500. As hope started to emerge about a potential challenge to the all-time high of $73,800, though, the landscape changed and BTC slumped by more than three grand by Tuesday.to overcome the latter on Thursday.

The bulls finally reemerged at this point and didn’t allow any further declines. Just the opposite, BTC spiked by roughly $1,000 and now sits between $67,500 and $68,000.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Its market capitalization has slipped to $1.330 trillion, and its dominance over the alts sits tight at 50% on CG.Somewhat expectedly for the weekend, the price actions have diminished.

BNB, SOL, XRP, ADA, and DOT are with insignificant gains, while LINK and PEPE have increased by around 3-4% in a day.The total crypto market cap has seen about $20 billion gone in a day and is down to $2.660 trillion.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions.

 

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