Bitcoin’s price failed to overcome the $62,000 level yesterday but has remained above $61,000 despite a brief hiatus to under $60,000.The primary cryptocurrency fell hard at the end of the previous business week to just over $56,000. However, its descent was quickly halted by the bulls as they initiated a rapid recovery that pushed BTC to around $59,500 by the time the weekend had arrived.
After a quiet Saturday and Sunday, bitcoin retraced once again on Monday and slipped to $58,000. The bulls produced another run toward $61,000 on Tuesday before the asset fell back down to $59,000 on Wednesday.$62,000 for the first time in a week. However, it failed to conquer that level and the subsequent rejection pushed it south to $60,000.This is all you need not to miss any price action in the raging crypto markets.
Cardano and NEAR have risen by 5-6% daily to $0.38 and $4.5, respectively. ICP, APT, and FIL have produced similar increases. Avalanche has taken the main stage from the larger-cap alts. AVAX has soared by 11% and now trades at $26. FET is the other double-digit gainer and has jumped to just under $1.1.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.