After a turbulent week marked by a brief dip below $80,000, Bitcoin remains relatively stable around $91,000 this weekend. Though its price action has been subdued, the asset has enjoyed over ten thousand dollar gains since last Friday’s lows. 2023 saw large-cap altcoins remain sluggish on a day-to-day basis, with HYPE, AVAX, and ZEC experiencing notable declines after yesterday’s price swings. Bitcoin Reaches $91K. Bitcoin’s market volatility subsided over the past week as it bounced back from a significant drop that saw it plunge below the $80,000 mark earlier this month. The bulls were instrumental in defending the crucial $80,000 support line and helped Bitcoin recover to levels above $84,000 last weekend. Further gains occurred throughout the week, leading to an impressive surge past $88,000 by Wednesday. However, resistance ultimately thwarted this climb as Bitcoin witnessed a notable rejection around that level before continuing its ascent to reach just over $93,000 on Friday morning. Although it couldn’t sustain the momentum and ended at approximately $91,000 by Saturday. Market Cap & Dominance: The weekly performance of altcoins is noteworthy with Ethereum and XRP experiencing gains above 7% and 7%, respectively. While SOL has added 5%, HYPE also saw positive movement despite a recent decline in the past 24 hours. XMR, XLM, AVAX, SUI, SHIB, CC, and AAVE have also been performing well. ZEC stands out with an unexpected downturn of over 21% since last Sunday, plunging it below $450. In the broader crypto market, we’ve witnessed a substantial surge in overall market capitalization, adding nearly $300 billion since last Friday’s lows. The total crypto market cap now sits at approximately $3.2 trillion.