Bitcoin saw a rebound this week, breaking through its weekend consolidation levels around $84,000 and reaching an 17-day high of nearly $89,000. While the asset peaked above this point, it faced resistance before experiencing a downturn on Friday, falling from $87,500 to $83,500 in just a few hours. The decline persisted over the weekend, dropping further to around $81,600 before eventually rebounding. Bitcoin’s recovery was short-lived, leading to a continued drop until it reached near $81,200 on Sunday and Monday evenings. Ultimately, this support proved strong enough for Bitcoin to start recovering, gaining more than three grand in the past 24 hours and currently surpassing $84,000. Its market cap has also increased to $1.670 trillion on CG, with dominance over other altcoins remaining above 59%. The broader cryptocurrency market witnessed a similar surge, seeing its total market capitalization rise above $2.830 trillion in the past day. Ethereum (ETH) is leading the charge, surging by nearly 5% to reach almost $1,900, while XRP and Dogecoin (DOGE) have also experienced significant gains, growing by 5.5% and 5%, respectively. Other notable gainers include Solana (SOL), Aave (AAVE), Lido (LDO), Binance Coin (BNB), Curve (CRV), Polygon (MATIC), Axie Infinity (AXS). In addition to this recovery, a number of altcoins have seen impressive price pumps this week with EOS (14%), Sonic (13%), Render (11%), Aave (10%), BONK (10%) and PEPE (10%).