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Viral Altcoin Skyrockets by 80% Daily, Bitcoin (BTC) Flirts With $63K:
Market Watch
Cardano's ADA has also shown positive signs of a more profound revival. Bitcoin's gradual price recovery that began after the early July correction continues, as the asset briefly exceeded $63,000 yesterday and now stands around that level.
Most larger-cap alts remain relatively sluggish on a daily scale, aside from SOL, HYPE, and XLM, which have dropped by up to 4%, and ADA and BCH, which have posted notable gains.
BTC Eyes $63K
June was quite painful for the primary cryptocurrency, as it dropped by over 20%.
July began on a similar note, as the asset dipped below $58,000 to chart a new multi-year low. However, the bulls finally intervened at this point and didn't allow another leg down.
Just the opposite; bitcoin started to recover some ground and quickly reclaimed the $60,000 mark. After a brief dip below that line, the bulls went on the offensive once again, pushing the asset to $62,000 as the net withdrawals from the ETFs eased and investors poured some money in on Thursday.
BTC remained calm at above $61,000 and jumped once again on Saturday and earlier this morning, going to a multi-week peak of $63,400. Although it was stopped there, it now trades close to $63,000, posting a near 5% increase on a weekly scale.#gStocksTokenizedStocksLive #WeakNFPShakesRateHikeOdds #PredictWorldCup🇧🇷vs🇳🇴 #ETHBreaks1700 #MetaSellsComputeTriggersChipSlump $BTC $BTC