Despite its typically wild volatility, Bitcoin has moved very little over the past seven days – zigzagging in its own way.
On Sunday evening around 6:30 p.m. ET, the digital currency was in almost the same place as the dollar a week earlier: $ 35,709.94
With that, it has remained unchanged for the past seven days, according to CoinGecko, and has fallen by around 0.5% in the past 24 hours.
However, last Sunday’s bitcoin surged above $ 39,000 for a while, largely attributed to a Twitter response from Elon Musk from Tesla (TSLA) – Get the report. It also passed the 40,000 mark last week, but it’s pretty stable for the month since it hit April 23rd.
For other cryptos, however, Ethereum’s ETH has gone down a bit over the same period and is around $ 2,259.81 on Sunday. That’s a 5% decrease over the week and a 2.6% increase in 24 hours.
Dogecoin saw the biggest drop – nearly 10% – to 28 cents over the course of the week. That’s a 2.7% decrease in the past 24 hours.
However, Bitcoin’s current value shows that it has been moving hard up or down over the past few weeks. It had fallen sharply in the months since hitting a previous high of over $ 64,000 in mid-April.