Here are this week’s top performers as Bitcoin settles at ,000: Weekend Watch

Here are this week’s top performers as Bitcoin settles at $91,000: Weekend Watch

The total market capitalization is again almost $3.2 trillion.

Bitcoin’s rather dull price action over the weekend continues as the value remains stuck sideways at around $91,000, but it has risen by more than ten thousand dollars since last Friday’s low.

Most larger market cap altcoins are sluggish on a daily scale, apart from HYPE, AVAX and ZEC – all of which have been dumped hard since yesterday.

BTC hits $91,000

As mentioned above, the previous business week was quite painful for the primary cryptocurrency as it fell below $81,000 for the first time since April. This meant it had lost more than $25,000 in just ten days.

The bulls finally acted at this point and defended the $80,000 support. BTC started to recover some ground and quickly rose to $84,000 last weekend. The more impressive gains came during the business week, when it rose to $88,000 on Wednesday.

Although that resistance initially held, the bulls broke through that night and Bitcoin even jumped above $90,000 by the end of the week. The local high came on Friday morning when it rose to just over $93,000.

However, it couldn’t keep rising, and the subsequent rejection took it to the $90,000-$91,000 range, roughly where it has been for the past 36 hours. The market cap has risen to $1.820 trillion, while CG alt dominance is well above 57%.

BTCUSD/30.11. Source: TradingView

Weekly winners

The weekly charts are quite impressive considering the rebound attempts of many altcoins. ETH and XRP rose more than 7% to $3,000 and $2.20 respectively. SOL is up 5% and so is HYPE, even though the price is down 6% in the last 24 hours.

XMR, XLM, AVAX, SUI, SHIB, CC and AAVE are also well in the green on a weekly basis. ZEC once again trades differently than most altcoins, but this time in a painful way. The privacy token has fallen by more than 21% since last Sunday and is now below $450.

The total crypto market cap has added more than $300 billion since last Friday’s low and is now close to $3.2 trillion.

Cryptocurrency market overview weekly. Source: QuantifyCrypto
Cryptocurrency market overview weekly. Source: QuantifyCrypto
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Cryptocurrency charts by TradingView.

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