Despite increasing inflows into spot Bitcoin ETFs in recent days, Bitcoin has been unable to move beyond its current trading range of $70,000-$71,000.

Over the weekend, trading was relatively quiet, with Bitcoin recovering some of its value after falling on Friday to around $67,500.

At the beginning of the week, the market witnessed a recovery, as the price of Bitcoin rose rapidly to exceed the $70,000 barrier.

Although this increase was initially met with strong resistance from sellers, Bitcoin continued to rise and reached a multi-week high of $71,767, supported by large inflows into ETFs.

However, it could not maintain this momentum for long, as it settled back at the $71,000 level, maintaining a market capitalization of about $1.4 trillion.

As for the percentage of Bitcoin acquisition and market share relative to alternative currencies, it remained stable at 50.4%, according to the CoinGecko index.

On the major altcoins front, daily movements were also muted, mirroring and matching Bitcoin's performance.

Coins such as ETH, BNB, DOGE, SOL, SHIB, AVAX, TRX, and DOT saw minor declines, while XRP, LINK, TON, and ADA recorded limited gains.