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
BTC1.43%
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Neon-LitStreetsAfterTheRain
· 3h ago
NFP data being weak is actually bullish for risk assets; tradFi folks probably can't understand this logic.
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Stop-LossIsLikeAConfession
· 3h ago
63.4k is blocked, this level has significant pressure, let's see if it can hold.
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StonesUnderTheAurora
· 3h ago
How long has the concept of tokenized stocks been hyped, but it hasn't really been implemented yet?
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PerpMoodSwing
· 3h ago
SOL HYPE XLM collectively plunged 4%, are funds fleeing to BTC as a safe haven?
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Half-MeltedIceCreamUnderThe
· 3h ago
ETH broke the 1700 mark, what is ETH now? Anyone paying attention?
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RouterWhisperer
· 3h ago
The return of ETF funds is indeed the key, otherwise the bulls wouldn't dare to charge so aggressively.
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RefrigeratorMagnetContract
· 3h ago
ADA and BCH are quite strong today, while other large-cap coins are still playing dead.
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AutumnSlopePath
· 3h ago
BTC is at 63k now. The pain of the 20% drop in June is still fresh in mind, finally taking a breather.
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