Bitcoin Price Flirts With $60K as Weekly Gains Surpass 10% (Market Watch)

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The cryptocurrency markets have remained relatively calm in the past 24 hours, with most coins trading flat. Their total capitalization is currently around $2.2 trillion.The BTC price didn’t experience significant volatility during the past 24 hours. At one point, the bears attempted to push it toward $59.5K, but the bulls were quick to intervene and recover above $60K, where it’s currently trading.

All in all, this concludes a week of positivity for BTC, during which its price increased by more than 10%.The lack of volatility is also seen in the relatively low number of liquidations in the derivatives market. At the time of this writing, it’s $43M, with Bitcoin and Ethereum accounting for most of it.As mentioned above, the altcoin market also remained quite flat throughout Saturday, with most of the coins charting small differences.

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