Bitcoin started at $64,000 at the beginning of the week but could not finish the week at $62,000. However, some altcoins such as DOT, AVAX, and SOL have outperformed Bitcoin. 📈

While Bitcoin was at $64,000 at the beginning of the week, it fell to $58,400 in a short time. However, the bulls did not allow further declines and Bitcoin regained the $60,000 level and climbed above $62,000 on Wednesday. However, with the latest rejection, it fell to $61,500. 📉

Its market cap has risen to over $1.2 trillion, but its dominance over altcoins is struggling below 50.5%.

Another noteworthy news was that VanEck applied to launch the first Solana ETF in the US. With this news, the price of SOL rose rapidly and hit $150 for the first time in a few weeks. AVAX and DOT also increased by 9% and 8% respectively.

Total cryptocurrency market capitalization rose by nearly $40 billion overnight to over $2.4 trillion.