🔊Weekly Market Highlights #49: May 29 - June 4 ✨The cryptocurrency market has passed through May 2023 without much noticeable volatility; as a result, trading activity and volume on major exchanges have dropped to lows not seen since 2020. ✨Over the past week, the crypto market decreased ~$28B (from ~$1,162B to ~$1,134B) of its total capitalization. ✨BTC Flat at $27K ✅Less than a week ago, on Monday, the primary cryptocurrency initiated a massive leg-up that tapped a three-week high at $28,5K. This came after the initial deal reached by the US government in regard to the nation’s debt ceiling. ✅However, the asset failed to continue upwards and returned to $28K by Tuesday. A significant $1K price drop started on Wednesday, and ultimately, BTC dropped to a weekly low on Friday morning at under $26,6K. ✅The bulls intercepted the move and helped Bitcoin recover losses when the weekend arrived. The past two days have been relatively uneventful, as the cryptocurrency remains stuck at just under $27K amid the typically low weekend trading volumes. ✅BTC’s total capitalization is $520B, and its Dominance over altcoins is 45.9%. ✨LDO, INJ, QNT Record Weekly Gains ✅BSCS is trading at $0,008714, +1,30% from its 7-day all-time low of $0,008602. ✅The larger-cap altcoins have mimicked BTC’s performance during the weekend, meaning there are little-to-no volatile movements. Despite a minor daily setback, ETH still stands at ~$1,9K after going below and over that level during the week. ✅XRP, DOGE, MATIC, LTC, SHIB, and AVAX have all added less than 1% in the past 24 hours. ADA, SOL, and DOT are up by 1-2%. ✅LDO, INJ, and QNT have soared over 15% within seven days. ✨Bitcoin Fear and Greed Index is 53 - Neutral, higher than at the beginning of the week (52) ✨ Dominance: ✅BTC: 45.9% ✅ETH: 19.8% 📣Stay tuned! The market's highlights will be updated by BSCStation 😎 ⭐️ BSCStation Official Media Channels: Website | Telegram | Substack | Twitter | Discussion | Youtube