Bitcoin’s price suddenly surged hours ago from about $58,000 to a weekly high of just over $61,000 before retracing slightly.The end of the previous business week saw a substantial decline for bitcoin as the asset slumped to just over $56,000. However, thewere able to intervene and prevent any further corrections. As the weekend arrived, BTC had recovered some ground and stood in a tighter range between $59,000 and $60,000.
The other notable gainers from this cohort of assets include Tron and Avalanche. Both of them are up by 6-7% and trade at $0.15 and $22, respectively.
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