Bitcoin’s dull price action continues over the weekend, as the asset has barely moved from the $65,000 range, currently trading inches below that line.
Most larger-cap alts have remained sideways as well, but BNB has been able to reclaim the $600 psychological mark, while SOL and ZEC are up by just over 2%.
BTC Slips Below $65K
The business week began on the wrong foot for the primary cryptocurrency. The asset had recovered some ground during the previous weekend after Trump canceled the then-planned attacks against Iran, and sat close to $64,000. However, it was quickly rejected on Monday morning and slipped to $62,200.
Nevertheless, the bulls were quick to intercept the move and helped bitcoin rebound to $64,000 by Tuesday morning. The next few days saw some gradual price increases from BTC, which was able to tap $65,000. Although it was stopped there, after the CLARITY Act faced another setback in the US Senate, the weak jobs report that came on Friday resulted in a minor rally that drove the asset to $65,400.
Bitcoin couldn’t continue climbing and retreated to $65,000, where it spent the entire Saturday. It has remained sideways on Sunday as well, currently trading a few hundred dollars below that level.
Its market capitalization remains at around $1.3 trillion, while its dominance over the alts is above 57% on CG.
BEAT Rockets Again
Today belongs to the undisputed leader in terms of gains – Audiera’s BEAT. The highly volatile token has skyrocketed by 50% in the past 24 hours and tapped $3.30 minutes ago. PUMP and CC follow suit, with increases of 8-10%, while CRO has erased some of yesterday’s losses and has neared $0.05 again.
Solana has reclaimed the $76 level after a 2% increase, while ZEC is close to $220 after a near-3% jump. BNB is above $600 now, while XRP, HYPE, DOGE, and RAIN have marked minor losses. ETH still stands above $1,900.
The cumulative market cap of all crypto assets has slipped by around $25 billion and is down to $2.275 trillion on CG.
The post Viral Altcoin Skyrockets 50% as BTC Slips Further From $65K: Weekend Watch appeared first on CryptoPotato.
PUMP is the other notable gainer over the past 24 hours, while CRO is trying to recover some of the recent losses. Crypto News, Market Updates, social, Top News
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.