🎉Hey BTC enthusiasts!🎉 Bitcoin's price has been chilling over the weekend, hovering just over $66,000. 📉 The past week was a bit of a rollercoaster ride, with BTC starting at around $69,500, briefly touching $70,000, and then taking a dip to $65,000 - its lowest in a month! 🎢
This volatility was due to investors bracing for US CPI numbers and the FOMC meeting. The better-than-expected inflation data briefly boosted BTC to $70,000, but the Fed's refusal to cut interest rates led to another price drop. 📊
Despite these fluctuations, Bitcoin's market cap has held steady at the $1.3 trillion mark, and its dominance over altcoins is just over 51% on CG. 🏆
In the altcoin world, TONCOIN and Uniswap's native token have been the week's biggest gainers, with TON adding 10% of value and UNI up by 15%. 🚀 On the flip side, BNB has dropped by 11% and sits at $606 now. NEAR and SHIB are also double-digit losers among the larger-cap alts. 😬
The total crypto market cap has shed over $120 billion in the past seven days and is now at $2.550 trillion. 💸
So, that's the wrap for this week, folks! Keep your eyes on the charts and stay tuned for more updates! 🚀🌕