This week, Bitcoin staged an impressive rally. The world's largest cryptocurrency managed to claw its way up to the $70,000 level over the past four days. However, it now appears to be facing stiff resistance as it struggles to break through the $71,000 mark. The question on everyone's mind is if this rally still has legs or if it will run out of steam.

While Bitcoin's price movements captivated traders, a series of other pivotal events unfolded. Major firms announced bold Web3 and AI initiatives, while regulatory bodies doubled down on enforcement actions against crypto firms



$BTC