Bitcoin's price action has remained steady over the weekend, hovering just under $68,000. The altcoins have also been sluggish on a daily scale, but the weekly landscape has seen some impressive gains. Bitcoin had a strong start to the week, exploding from under $69,000 to over $70,500 on Monday. However, the asset's trajectory reversed, and it began losing value rapidly. By Tuesday, the cryptocurrency had slumped by more than $3,000 and was close to breaking below $67,000.

Most altcoins have mirrored Bitcoin's performance on a daily basis, failing to produce any significant moves. However, on a weekly basis, some altcoins have seen notable gains. ETH has minor weekly gains, mirrored by TON and SHIB. LINK and WIF have seen the most significant jumps in the past seven days. The biggest gainers from the top 100 altcoins are NOT (270%), BRETT (61%), JASMY (50%), TIA (22%), and BGB (21%).

Despite the sluggish daily performance, the overall market outlook remains optimistic. The total crypto market cap has shed about $40 billion since last Sunday, standing at $2.660 trillion. Bitcoin's market capitalization remains at $1.330 trillion, with its dominance over the altcoins at 50%.