The cryptocurrency market has been experiencing a mix of trends, with Bitcoin (BTC) stabilizing between $68,000 and $69,000 after last week's volatility. Ethereum (ETH), on the other hand, has resumed its upward trajectory, reclaiming the $3,900 level following the approval of spot ETH ETFs in the United States. Notably, PEPE, a popular meme coin, has achieved another all-time high, surging 13% in the past 24 hours.

Bitcoin's recent price action has been marked by a consolidation phase, trading between $68,000 and $69,000. Despite a brief surge to almost $72,000 last Monday, the asset experienced a sharp decline to $66,250 before rebounding to $69,500 by Saturday. However, it has since stabilized around $69,000, with its market capitalization slipping to $1.350 trillion. This decline has also led to a decrease in Bitcoin's dominance over alternative cryptocurrencies, now standing at under 50%.

In contrast, Ethereum has taken center stage with a 3.5% surge, pushing its price above $3,900. This growth has been driven by the approval of spot ETH ETFs in the United States, contributing to its upward momentum. While larger-cap alternative cryptocurrencies like DOGE, XRP, TRX, AVAX, NEAR, and BCH are experiencing declines, Ethereum's growth has helped maintain the total cryptocurrency market capitalization at over $2.7 trillion.

PEPE, a meme coin, has been the biggest gainer on a weekly scale, with a further 13% surge in the past 24 hours. This has propelled PEPE to yet another all-time high of just over $0.000017, outperforming most other digital assets. Only JASMY has surpassed PEPE's performance on a 24-hour scale. FLOKI and BONK are also experiencing significant gains, with both assets up around 13% each.

The cryptocurrency market is known for its volatility, and the current trends may shift in the coming days. As the market continues to evolve, it's essential for investors and traders to stay informed about the latest developments and trends. Ethereum's growth and PEPE's continued surge are notable events in the cryptocurrency space, and their performance will be closely watched in the coming days.