๐ Bitcoin (BTC) enthusiasts, rejoice! ๐ Despite the underwhelming price movements, BTC has managed to stay above the much-desired $70,000 mark. Although altcoins are sluggish, SOL, DOGE, BCH, ICP, and others have seen impressive weekly gains. ๐
BTC shot up by over $4,000 earlier this week, returning to $70,000 for the first time in weeks. The bulls pushed it further, reaching a 15-day peak of just under $72,000. However, the bears initiated a $3,000 retracement before BTC started recovering. ๐
As of now, Bitcoin trades above $70,000, with its market cap inching closer to $1.4 trillion. Its dominance over altcoins has slightly declined to 49.5% on CoinGecko. ๐
This week's top performers include BCH and ICP, with Bitcoin Cash gaining more than 30% on a weekly scale and soaring to $600. Dogecoin jumped by double digits, sitting above $0.2, while SOL neared $200 after a 13% increase. ๐
The total crypto market cap remains just below $2.8 trillion, up by over $150 billion since last Sunday. Keep an eye on the market, and let's see where BTC takes us! ๐ง