These Alts Dumped the Most Weekly as Bitcoin (BTC) Calms at $62K (Weekend Watch)

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These Alts Dumped the Most Weekly as Bitcoin (BTC) Calms at $62K (Weekend Watch)
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Bitcoin’s price movements have calmed over the weekend, somewhat expected, and the asset stands still at around $62,000.

Most alts have performed in a similar fashion since Friday, but the weekly landscape is quite painful, with several double-digit losers.It’s safe to say that it wasn’t a good week for the primary cryptocurrency. It stood above $66,000 last Sunday but its troubles began as soon as Monday with a nosedive to $63,000. The situation worsened mid-week amid the escalating tension in the Middle East. ThisNevertheless, the bulls managed to defend that level and pushed bitcoin north.

The other notable losers on a weekly scale from the larger-cap alts include DOGE , ADA , SHIB , DOT , NEAR , and more. The total crypto market cap lost over $150 billion at one point during the week but has regained some traction and is now at $2.250 trillion on CG.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.

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