Bitcoin broke past the $65,000 mark, nearing its all-time high price and strengthening its recovery. The altcoin market also saw an upward trend, with memecoins like SHIB leading the weekly gains alongside W and SEI. Bitcoin's price action resembled a "cup and handle" pattern, indicating a potential bullish trend. However, if Bitcoin dips below $56,681, the bullish outlook could fade. SHIB experienced a significant rally, with its burn rate surging by 33,818% and over 1.88 billion tokens burned. W and SEI also saw gains, driven by partnerships and integrations. The cryptocurrency market as a whole rose 1.36% to $2.43 trillion.



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