Bitcoin price flirts with $60,000 as weekly gains top 10% (Market Watch)

Cryptocurrency markets have remained relatively quiet in the past 24 hours, with most coins trading flat. Its total capitalization is currently around $2.2 trillion.

Bitcoin price flirts with $60,000

BTC price did not experience significant volatility over the past 24 hours. At one point, the bears tried to push it towards $59.5K, but the bulls quickly intervened and recovered above $60K, where it is currently trading.

All in all, this concludes a week of positivity for BTC, during which its price increased by more than 10%.

Source: Coingecko

The lack of volatility is also seen in the relatively low number of settlements in the derivatives market. At the time of writing, it’s $43 million, with Bitcoin and Ethereum making up the bulk of it.

Altcoins Calm down

As mentioned above, the altcoin market also remained fairly flat throughout Saturday, with most coins showing small differences.

For example, ETH is up 0.5%, BNB – 0.8%, SOL – 0.3%, and so on. DOT managed to gain the most, rising almost 3%.

Source: Quantify Crypto

The best performer on the last day is Celestia, up 10.6%, followed by the Artificial Superintelligence Alliance (FET), which is up 6%.

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