As Bitcoin (BTC) settles at $67,000, here are the best performing altcoins this week (Weekend Watch)

Bitcoin had a very strong trading week, gaining more than $60,000 and surging to more than $67,000, its highest level in almost a month.

Most altcoins followed suit, with SOL, AVAX, BCH, LINK, and many others posting double-digit gains.

BTC settles at $67,000

Bitcoin fell to just over $60,000 last Friday, but bulls managed to hold onto that psychological support level over the weekend. Additionally, the asset started rising on Monday, jumping to just over $63,000. It failed there, dropping back to $61,200 on Tuesday ahead of the release of the April US CPI, but skyrocketing once that number was released.

To be more precise, the cryptocurrency has gained tens of thousands of yen in value, soaring above $66,500 for the first time since mid-April. After another brief rally, the bulls have struck again in recent days.

This time, they pushed the largest digital asset to almost $67,500. Despite rebounding slightly since then, BTC is still trading at around $67,000. The company's market capitalization remains at $1.32 trillion, while its control over alternatives is 51.7% in CG.

SOL leads the way

The past 24 hours have been very slow in terms of price action in the cryptocurrency space, so we'll focus on the weekly scale where SOL and LINK stole the show. The former has soared 17.5% and is trading at multi-week highs above $170, while LINK is up 22% to near $16.5.

Next on the list of weekly top gainers are Avalanche (14%), Bitcoin Cash (13%), UNI (13%), IMX (10%), GRT (12%), NEAR (9%), and ICP (10%). ) is. %).

In contrast, TON was the worst performing large-cap alt stock, losing more than 9% of its value over the past seven days. BNB and TRX are also slightly in the red.

CG's virtual currency market capitalization has reached a maximum of $2.55 trillion, which means it has acquired more than $150 billion on a weekly basis.