After the recent roller coaster-like Fluctuation, BTC has stabilized over the weekend and is currently priced slightly above $98,000.

BTC started off poorly this week. Over the weekend, the asset struggled to stay above $94,000 but lost support and experienced a significant drop on Monday. According to reports at the time, the cryptocurrency fell by about $3,000, reaching a monthly low of $91,300.

Many people began to expect the correction to continue and push BTC below $90,000, but the bulls prevented this trend and did not allow such a retreat to occur again. On the contrary, BTC started to recover its value and experienced significant fluctuations, but overall it successfully escaped the predicament.

On Friday, BTC soared to $99,000

After the recent roller-coaster Fluctuation, BTC tends to be calm over the weekend, with the current price slightly above 98,000 USD.

BTC started off poorly this week. Over the weekend, the asset struggled to stay above $94,000, but lost support and saw a significant drop on Monday. Cryptocurrency reportedly fell by around $3,000 to a monthly low of $91,300.

Many people started to anticipate that the pullback would continue and push BTC below $90,000, but the bulls prevented this trend, not allowing such a retreat to occur again. On the contrary, BTC started to regain value and experienced significant Fluctuation, but overall managed to break free from the predicament.

On Friday, BTC surged to $99,000 but stopped there and dropped to $98,000. Over the weekend, BTC price remained within a relatively narrow range, currently slightly above $98,000, with a weekly gain of 3.3%.

The market value of Bitcoin has risen to nearly $1.95 trillion, while its dominant position over other cryptocurrencies has decreased by more than 1% in a week, to 53.1.