According to CryptoPotato, Bitcoin has performed positively in the past trading week, with prices rising by more than $6,000, soaring to its highest price in nearly a month, exceeding $67,000. Most other cryptocurrencies have also followed suit, with SOL, AVAX, BCH, LINK, etc. all seeing double-digit growth.
On Friday, Bitcoin had retreated to just over $60,000, but bulls managed to hold this psychological support level over the weekend. Moreover, the asset started its climb on Monday, jumping to just over $63,000. However, it failed there, retreating to $61,200 on Tuesday ahead of the US April CPI announcement, but the price surged after the numbers were released. More precisely, Bitcoin gained a few thousand dollars in value, surging to over $66,500 for the first time since mid-April. Despite a brief pullback since then, the bulls have been on the attack again in the past few days. This time pushing it up to nearly $67,500. Despite a slight pullback since then, Bitcoin is now still trading around $67,000. Its market capitalization remains at $1.32 trillion, while its dominance among all cryptocurrencies is 51.7%.