While the price of bitcoin and several of the larger-cap alts has remained relatively sluggish over the weekend, others, such as SOL, AVAX, and DOT, have continued to surge.
Avalanche’s price pump is particularly impressive, as the asset has skyrocketed by 30% overnight.
BTC Stalls at $37K
A lot can change in the cryptocurrency market within the span of the week, which has been the case now. On Tuesday, the primary digital asset fell to $34,500 after failing to overcome the $35,000 level despite a few attempts.
However, the bulls took charge at this point and drove BTC north hard. Two days later, the asset shot up to $38,000 for the first time in a year and a half. It was violently rejected there and dumped by over two grand within hours.
Nevertheless, it bounced off and spiked to $37,500 yesterday. It has been unable to maintain its run since then, but it still trades above $37,000 as of now.
This means that its market capitalization is still above $725 billion, but its dominance ov
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