For the second time in March, Bitcoin faced rejection at the $74k supply zone. The latest rejection came on Friday, the 13th of March, but Bitcoin and most of the rest of the crypto market saw gains over the past week.

It is possible that Bitcoin’s defense of the $70.5k level on Saturday would lead to another move higher next week. This could maintain the past week’s momentum for altcoins.

Weekly winners

TAO rallies over 50% as AI coins grab the spotlight

Glassnode data showed that the crypto AI sector yielded a 20.6% gain over the past week. The second-best performing sector was the L2 tokens, whose cumulative market cap was up 10% for the week.

Within the crypto AI sector, Bittensor [TAO] was the…