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Bitcoin Reclaims $68K Level, Dogecoin and Polkadot Register Impressive Gains (Market Watch)

🚀🚀🚀BTC Above $68K

The primary cryptocurrency went through some enhanced volatility during the previous business week amid massive inflows toward the spot Bitcoin ETFs.

It went from over $69,500 on Monday to $65,000 in just a few days to Wednesday. Another rally came that pushed it north for nearly $69,000 on Thursday, but the bears returned on Friday night and initiated another leg down.

It was driven by FUD around Tether and BTC slumped to $65,500 during the night. However, the bulls emerged almost immediately and drove bitcoin up to $67,000 during weekend.

The asset continued to gain traction during the early hours of Monday. It spiked above $68,000 and climbed to a multi-day peak of $68,500. However, it has lost some ground since then but still sits above $68,000.