Bitcoin (BTC) has seen a bit of excitement over the past week, rising to a 6-week high and hitting a mark of over $28,600 on Monday before experiencing a series of lows and highs over the course of the week. On Saturday, BTC was pumping to reach $28,300, however, it quickly retraced back to around $28,000 where it stayed throughout the weekend. These market movements have enabled BTC's dominance in the market to grow to 50%, the highest since June. Meanwhile, other assets have been less successful with a mostly bearish sentiment, with most altcoins trading in the red. Ethereum, Binance Coin, and Polkadot have all had minor price drops, with XRP, SOL, DOG, MATIC, LTC, and BCH seeing slightly bigger declines. Avalanche has experienced the biggest losses of -3.3%, with its native token now trading below $10.

The total crypto market capitalization is also below $1.1 trillion on CoinMarketCap. As investors await a possible move upwards for BTC, they will also be monitoring the performance of the other coins. It is possible that further gains from BTC will drag the market back up, however it is necessary to wait and see what the future holds for crypto.



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