Over the past week, the cryptocurrency market has witnessed a mixed pattern of volatility and stability, with Bitcoin (BTC) being the protagonist of this price fluctuation. Starting the week with an impressive jump from almost US$69,000 to above US$70,500, Bitcoin showed signs of a possible new upward run, with investors paying attention to the possibility of surpassing the all-time peak of US$73,800. However, this expectation was quickly reversed, and the price of BTC began to decline.

During Tuesday, the main cryptocurrency suffered a sharp drop, losing more than US$3,000 and flirting with values ​​below US$67,000. This volatile trend persisted, alternating between rallies towards $70,000 and drops below $67,000. However, the end of the week was marked by calm, stabilizing around US$68,000, with the weekend prolonging this less hectic phase.

At the same time, Bitcoin’s market capitalization remained at approximately $1.330 billion, consolidating its 50% dominance over altcoins, which also mirrored BTC’s daily performance, without major movements. At the time of publication, the price of BTC was quoted at US$68,133.80, up 0.5% in the last 24 hours.

In the altcoin panorama, the week was not so generous for everyone. Uniswap and Dogecoin recorded significant drops of 12% and 7%, respectively. In contrast, Ethereum (ETH) made modest gains. At the time of publication, the price of ETH was quoted at US$3,793.90 with a drop of 0.50% in the last 24 hours.

Among the positive highlights of the week, LINK and WIF had the biggest gains. Some smaller assets, however, managed to achieve significant gains. The Notcoin cryptocurrency
(NOT), for example, saw an impressive 320% increase in the week trading close to US$0.02219, followed by BRETT, JASMY, TIA and BGB, which also showed significant appreciation.

With an overall reduction of approximately US$40 billion in the total value of the cryptocurrency market since last Sunday, the current scenario is valued at US$2.660 trillion, reflecting the continuous dynamics of ups and downs that characterize the sector.