Biggest Weekly Alt Gainers and Losers Revealed as BTC Stalls at $63K: Weekend Watch

XRP, ZEC, ADA, and BCH stand in one corner, while XMR and LINK are in the opposite.

As it happened during the past few weekends, bitcoin’s price volatility has essentially disappeared once Saturday and Sunday come, with the asset remaining stuck at $63,000 for roughly 36 hours now.

Most altcoins have performed similarly, which is why we will focus on their weekly moves. Some of the major gainers here are XMR, LINK, WLD, and WLFI.

BTC Stuck at $63K

As mentioned above, the previous weekend was also dull in terms of price action. However, it was more positive as the primary cryptocurrency had shrugged off the weekly losses and stood at around $65,000. The tides turned on Monday morning when it tried to break out, but it was halted at $65,400.

The subsequent leg down was painful as it pushed it to $63,800. After a couple of recovery attempts to $64,400, the bears resumed control once again. This time, they were even more persistent, pushing it to under $63,000 on Thursday. The same scenario repeated with lower highs, and BTC slumped once again on Friday to a 10-day low of $62,500.

As such, the asset had lost roughly $3,000 since the start of the week. The bulls finally intervened after this steep decline, given the current sluggish market environment, and helped it recover to $63,000, where it has remained for the past day and a half.