Bitcoin's price fell but managed to recover, climbing back above $60,000. UNI saw a significant weekly increase.

Bitcoin Market Situation

Last week was tense for Bitcoin. After reaching $64,400, the asset started losing value, dropping to $60,400. Later in the evening, it hit a low of $58,800, resulting in $250 million in liquidations. However, the bulls stepped in and BTC recovered about $2,000, trading around $60,700. Despite this, BTC remains down by over 1% weekly, with its market cap now under $1.2 trillion.

UNI and Other Altcoins' Rise

Most altcoins experienced volatility but calmed over the past 24 hours. UNI and IMX emerged as top performers among large-cap alts, with gains of approximately 4%. UNI's price surged 20% since last Friday, marking it as one of the week's most profitable assets.

Cryptocurrency Market Overview

The total crypto market cap has fallen to $2.220 trillion. Despite this decline, several altcoins such as ETH, SOL, XRP, TON, DOGE, ADA, and AVAX have recorded minor gains.

The cryptocurrency market remains highly volatile. Bitcoin has recovered from a significant dip, with UNI as one of the week's standout performers showing impressive growth.