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Bitcoin Price Maintains $100K Level but Altcoin Season Gains Momentum: Your Weekly Crypto Recap

  • Bitcoin started the week with a surge past $100,000 but faced resistance near $106,000 and dropped to under $101,000 on Thursday.
  • Altcoins like ETH, DOGE, and HYPE showed double-digit gains, trading close to $2,600, $0.23, and $28, respectively.
  • Arthur Hayes predicts Bitcoin to reach $1 million by 2028 due to potential capital controls in the US, while retail interest in Bitcoin seems to be increasing.
  • ETH saw a surge in withdrawals totaling $1.2 billion weekly as its price reached a three-month high, indicating a shift in investor sentiment.

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