Cryptocurrency activity has seen a sluggish start to the weekend, with Bitcoin (BTC) staying stagnant at roughly $27,000. The primary cryptocurrency had hoped to breakout and take down this level in the past 24 hours, however, low weekend trading volumes have caused this to remain incomplete.

The altcoins, on the other hand, have experienced little activity. Ethereum (ETH) has managed to reclaim $1,800 and Binance Coin (BNB) has seen a pump above $310. Meanwhile, BTC has been on a rollercoaster throughout the week as it has seen dips as low as $26,600 and highs as far as $28,400. On the other hand, its market capitalization has increased back up to $520 billion and its dominance remains at 46.3%.

The spotlight might have shifted away from the more prominent names in the crypto markets, however, hype around the so-called "memecoin" PEPE still continues to hold. The asset is up 20% in the past 24 hours, but is down by over 30% on a weekly scale. This memecoin's market capitalization has gloriously increased from $1 million to almost $2 trillion in the past month shotting many investors to wealth. Moreover, the listing of the coin on exchanges like BitMEX and Binance has been an indication of its success.

Overall, cryptocurrency has entered a quiet weekend, with activity dampened and most coins seeing little movements. Nevertheless, it will undoubtedly be interesting to see how the market recovers and the role that PEPE and other altcoins may have within it.



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