Bitcoin's price was almost unchanged over the weekend, and was between $26,400 and $26,200
As of Monday morning, the cryptocurrency had updated its weekly low at $26,000. Bitcoin's outlook remains conservative in content.
Etherium, on the other hand, fell 1.48% to $1,563 for the week. Bitcoin surpassed payment giant Visa's annual transaction volume.
This represents a major milestone for the cryptocurrency that underscores its growing dominance in the financial world.
As more organizations recognize its capabilities, it is likely that demand for Bitcoin will continue to grow.
This could lead to more liquidity and an increase in Bitcoin's value as an asset class.
On the macroeconomic side, the U.S. Federal Reserve kept its benchmark rate unchanged, but signaled that another interest rate hike is likely before the end of the year.