Ethereum recovers to the $2000 level, and Bitcoin's recovery stops at $72,000: Weekend wrap-up
In the meantime, cryptocurrencies XRP and SOL are among the top performers today, with notable increases following the recent market crash.
Bitcoin price volatility intensified over the workweek, as the asset's price dropped to its lowest level in several months before experiencing an impressive recovery with five figures that stopped at $72,000.
Most altcoins are posting good gains on a daily basis, but weekly charts remain volatile. However, many of them have bounced back from their lows recorded yesterday over the years.
Bitcoin's price stopped at $72,000
The events in the cryptocurrency markets over the past week cannot be sugarcoated. Just last Saturday, the price of the leading digital currency dropped from $84,000 to below $76,000 on an otherwise quiet day. While this crash was painful in itself, it was not the end of Bitcoin's suffering.
The asset fell again to below $74,000 at the start of the workweek, but the actual disaster occurred on Thursday, peaking on Friday morning.
At that time, Bitcoin's price fell by about $17,000 in just over 24 hours from $77,000 to $60,000,#MarketRally
