**Bitcoin Rollercoaster: From $59K to Over $62K, What’s Next? This Week’s Recap**

Hello, crypto lovers! 🚀 This week, the crypto market experienced quite a turbulence. The total market cap remained around $2.17 trillion, the same as last week.

- **Bitcoin (BTC)**: BTC is currently priced at around $62,000, up slightly by 0.5%. In the middle of the week, BTC tried to break through $64,000, but failed and fell to $59,000. Fortunately, BTC managed to bounce back above $62,000.

- **Altcoins**: Altcoins also recorded small gains ranging from 0.5% to 2%. BNB was the winner this week with a 3% increase.

- **External Factors**: Higher-than-expected US CPI numbers sparked inflation concerns, affecting BTC’s price. However, Mt. Gox’s announcement to delay payments until 2025 was seen as positive.

**Market Data**

- Market Cap: $2.17T

- 24-Hour Volume: $93B

- BTC Dominance: 54%

- BTC: $62,337 (+0.5%)

- ETH: $2,447 (+1.3%)

- BNB: $572 (+3.6%)

**Crypto News This Week**

- Peter Todd denies claims he is Satoshi in HBO movie.

- Peter Brandt warns of potential 75% BTC price drop.

- Higher-than-expected US CPI impacts BTC price.

- Chinese government may sell $1.3B ETH from PlusToken seizure.

- South Korea to tighten stablecoin regulation.

- Coinbase allows BTC transactions to Taproot addresses.

**Price Analysis**

This week, we have price analysis for Ethereum, Ripple, Binance Coin, Toncoin, and Shiba Inu – click here for the full analysis.

Let us know what you think in the comments! What are your predictions for next week?