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After an eventful and highly volatile trading week, bitcoin’s price movements calmed during the weekend, and the asset sits quietly at $63,000.
Most altcoins have also stalled on a daily scale, but the weekly timeframe shows some impressive gainers from the likes of TAO, SUI, APT, and others.
<h2 id="bitcoin-stalls-at-63k">Bitcoin Stalls at $63K</h2>
The week started with a price decline that drove BTC from over $60,000 to under $58,000. More volatility was expected mid-week when the US Federal Reserve met to discuss lowering the interest rate. Once that meeting took place and the US central bank cut the rates by 0.5%, BTC went on a <a href="https://cryptopotato.com/bitcoin-above-62k-us-stock-market-down-and-more-feds-rate-cut-aftermath/" data-wpel-link="internal" rel="noopener noreferrer nofollow">rollercoaster</a> with several big moves.
However, the <a href="https://cryptopotato.com/3-bullish-signals-for-bitcoins-price-as-uptober-approaches/" data-wpel-link="internal" rel="noopener noreferrer nofollow">bulls</a> prevailed after the fluctuations and pushed the cryptocurrency from under $59,500 to <a href="https://cryptopotato.com/bitcoin-pumps-to-64k-fed-cuts-rates-saylor-buys-more-btc-this-weeks-recap/" data-wpel-link="internal" rel="noopener noreferrer nofollow">over $64,000</a> registered on Friday. It became bitcoin’s highest price tag in over three weeks.
Nevertheless, the asset failed to maintain its run and <a href="https://cryptopotato.com/btc-price-retraces-to-63k-wif-dumps-by-10-daily-market-watch/" data-wpel-link="internal" rel="noopener noreferrer nofollow">retraced</a> by just over a grand. Since then, it has been predominantly trading sideways at around $63,000. Still, it’s up by 4.6% on a weekly scale, which has pushed its market capitalization to just over $1.240 trillion.
Its dominance over the alts, though, has declined by 1% in the past few days to 54% (on CG) after soaring to 55% earlier this week.
<figure id="attachment_361725" aria-describedby="caption-attachment-361725" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-28.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-361725" src="https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-28.png" alt="Bitcoin/Price/Chart 22.09.2024. Source: TradingView" width="1835" height="819" srcset="https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-28.png 1835w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-28-300x134.png 300w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-28-1024x457.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-28-768x343.png 768w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-28-1536x686.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/09/BTCUSD-28-50x22.png 50w" sizes="(max-width: 1835px) 100vw, 1835px"></a>
 <figcaption id="caption-attachment-361725" class="wp-caption-text">
 Bitcoin/Price/Chart 22.09.2024. Source: TradingView
 </figcaption>
</figure>
<h2 id="top-gainers">Top Gainers</h2>
As mentioned above, the week quite well for most crypto assets. Ethereum is up by 7% in this timeframe and sits close to $2,700 now. SOL has increased by a similar percentage and is up to $147. BNB (5.5%) is above $585, SHIB has soared by 6%, while AVAX has gained almost 10% and trades north of $27.
Nevertheless, the top gainers from the larger-cap alts are TAO (47%), SUI (37%), and APT (28%). As a result, TAO sits at $477, SUI is close to $1.5, and APT trades at $7.85.
The total crypto market cap has added over $100 billion since last Sunday and is up to $2.3 trillion on CG now.
<figure id="attachment_361727" aria-describedby="caption-attachment-361727" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-22-114639.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-361727" src="https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-22-114639.png" alt="Cryptocurrency Market Overview. Source: QuantifyCrypto" width="1884" height="830" srcset="https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-22-114639.png 1884w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-22-114639-300x132.png 300w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-22-114639-1024x451.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-22-114639-768x338.png 768w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-22-114639-1536x677.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/09/Screenshot-2024-09-22-114639-50x22.png 50w" sizes="(max-width: 1884px) 100vw, 1884px"></a>
 <figcaption id="caption-attachment-361727" class="wp-caption-text">
 Cryptocurrency Market Overview. Source: QuantifyCrypto
 </figcaption>
</figure>
The post <a href="https://cryptopotato.com/these-are-this-weeks-top-performers-as-bitcoin-btc-calms-at-63k-market-watch/" rel="noopener noreferrer nofollow">These Are This Week’s Top Performers as Bitcoin (BTC) Calms at $63K (Market Watch)</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

These Are This Week’s Top Performers as Bitcoin (BTC) Calms at $63K (Market Watch)

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