Apecoin (APE) returns to top 100 alts, Bitcoin (BTC) maintains $68,000 (Weekend Watch)

Perhaps as expected, Bitcoin's price action subsided over the weekend, with the asset still above the $68,000 level.

Although altcoins were slightly in the red over the past day, they had a very strong trading week with impressive gains for ETH, SOL, BCH and especially DOGE.

BTC settles above $68,000

There were no fireworks this past weekend as BTC rallied to $62,000 after falling below $59,000 on Thursday. The volatile price swings remained in the trading week, starting with a spike in prices on Monday, initially rising to $64,500 and then $66,500 during the day.

Tuesday was even more volatile, with Bitcoin soaring to $68,000, only to fall by $30,000 on rejection, before jumping back up to $68,000 by Wednesday.

The major cryptocurrency continued its gradual rise over the next few days, peaking on Friday at $69,000 for the first time since late July. However, it was unable to surpass that level and has lost some momentum since then. Despite this, BTC is still trading above $68,000 and is up 8.5% over the past week.

Its market capitalization has settled at $1.35 trillion, and its control over alternatives in CG is 55.1%.

APE returns to top 100

As reported earlier today, ApeCoin surged more than 60% on a daily scale after its mainnet launch, emerging as the top performer over the past 24 hours. As such, APE is back among the top 100 largest alt stocks by market cap at a price of $1.2.

As most altcoins have been quiet with small losses over the past day, we will focus more on the week-to-week performance where Dogecoin stands in a league of its own. The OG meme coin has soared nearly 30% since last Sunday and is currently trading above $0.14 after the latest exchange from Elon Musk.

Other notable gainers include LTC (13%), BCH (9.5%), SOL (8%), and ETH (7%).

The market capitalization of cryptocurrencies has settled at $2.45 trillion after soaring by about $150 billion weekly.