After the enhanced volatility in the past few days in which BTC displayed several multi-thousand dollar moves, the cryptocurrency has calmed around $35,000. Some altcoins have charted more significant gains, with ETH reclaiming $2,100 and DOT surging 6%.
The alternative coins mimicked BTC’s performance in the past several days with adverse price movements on Saturday and recovery sessions on Sunday and Monday.
Ethereum was a prime example of this as it dumped to just over $1,700 at the start of the weekend. However, the second-largest crypto started regaining traction rapidly and has added more than $400 of value since then. As a result, ETH reached a weekly high of around $2,175 earlier today.