After a few days of sideways trading, the price of Bitcoin took a dive on Friday, reaching a weekly low of $66,600. However, it quickly regained its footing and recovered by about $1,000. On the other hand, altcoins are having a sluggish day, with Ethereum being the exception as it gained around 1% and is now closing in on the $3,800 mark.

The week started strong for Bitcoin, with bulls dominating the market and driving the price up from under $69,000 to a weekly high of over $70,500. However, this momentum was short-lived, and the price took a hit of over $3,000 by Tuesday. Despite the volatility that followed, Bitcoin managed to stay within the range of $67,000 and $69,000, with a brief attempt to break the latter on Thursday. Unfortunately, this attempt was met with rejection, and the price plummeted by $3,000 to $66,600, its lowest point in about a week.

Fortunately, the bulls reemerged, and Bitcoin saw a spike of around $1,000, bringing its price to between $67,500 and $68,000. As the weekend approached, the price action slowed down, and Ethereum saw a modest increase of around 1% on a daily scale, bringing it close to $3,800. This is a far cry from the wild ride it experienced last week amidst the ETF news. Other altcoins like BNB, SOL, XRP, ADA, and DOT saw insignificant gains, while LINK and PEPE increased by around 3-4% in a day. On the other hand, SHIB took a hit of almost 3%, and UNI slumped by 6%, bringing it close to breaking below $10. The total crypto market cap also took a hit, losing around $20 billion in a day and falling to $2.660 trillion.

The recovery of Bitcoin's price is a welcome respite for investors, who have been on a rollercoaster ride in recent days. The cryptocurrency market is known for its volatility, and this week has been no exception. Despite the ups and downs, many are optimistic about the future of Bitcoin and the cryptocurrency market as a whole. As the weekend approaches, investors will be keeping a close eye on the market, hoping for a continued recovery and a strong start to the week ahead.

The price of Ethereum, on the other hand, has been steadily increasing, and it's now closing in on the $3,800 mark. This is a significant milestone, and many are hoping that it will continue to rise in the coming days. The increase in Ethereum's price is a welcome change for investors, who have been waiting for a breakout. The cryptocurrency market is known for its unpredictability, and only time will tell if Ethereum will continue to rise or if it will experience a downturn.

As the cryptocurrency market continues to evolve, investors are keeping a close eye on the prices of Bitcoin and Ethereum. Both cryptocurrencies have seen significant fluctuations in recent days, and many are hoping for a continued recovery. The total crypto market cap has taken a hit, losing around $20 billion in a day, but many are optimistic that it will bounce back. Only time will tell what the future holds for the cryptocurrency market, but one thing is certain - it's been a wild ride so far.