Bitcoin Steady at $61,000

As we wade into the weekend, Bitcoin (BTC) has clung to that sweet $61,000 mark thanks to some serious buying action on Coinbase. Just when you thought the crypto rollercoaster had settled down, here comes a market that makes the Disneyland rides look as calm as a cat nap.

Coinbase: The Buying Bonanza

Data from reliable sources show that, while Bitcoin experienced some overnight cooling after fliriting with the $63,000 range, Friday’s support from the traditional stock markets provided a much-needed boost. Coinbase was where the most aggressive accumulation took place, making buyers feel like they just won a crypto lottery.

The Curious Case of the Bitcoin Whale

However, not everyone is feeling lucky. Market analyst Pentoshi pointed out that one sneaky whale has been steadily selling their Bitcoin stash, divesting over 1,000 BTC in small bites of 20 to 30 BTC each. Talk about commitment to share the wealth! It’s almost generous, if it weren’t so…well, liquid.

Anticipation for Weekly and Monthly Closings

This coming Sunday is set to be a nail-biter, with both the weekly and monthly closes on the docket. Market participants are eagerly watching to see if BTC can wrap up the month impressively, potentially marking yet another all-time high while also notching a third consecutive week above that coveted $60,000 milestone.

Altcoins Steal the Thunder

Meanwhile, while Bitcoin is busy being the main attraction, altcoins are quietly stealing the show. Ethereum’s Ether (ETH) hit a new all-time high on the same day, and the overall altcoin market cap eclipsed a staggering $1.473 trillion. That’s right, trillion! With Shiba Inu (SHIB) recovering from its previous week’s wild rides, it’s as if altcoins are saying, “Hold my beer!”