Filecoin Up 70% Weekly, Bitcoin Rejected at $25K: Market Watch

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Filecoin is this week's top performer from the larger-cap alts, having surged over 70%.

Filecoin is this week’s top performer from the larger-cap alts, having surged over 70%.

Bitcoin tried its hand at overtaking $25,000 once again in the past 24 hours but was stopped in its tracks and is back down to $24,500 as of now. Most alternative coins have calmed following the recent enhanced volatility, aside from Filecoin, which has produced yet another double-digit price surge.Bitcoin went through a highly-volatile trading week, having surged past $25,000 for the first time since August last year and then dumping by roughly $2,000 hours later.

The bulls stepped up on the gas pedal in the following day or two, pushing the asset to just over $25,000 once again. However, that was short-lived, and BTC retraced back down below that line.at around $24,500 on Saturday and initiated another leg up toward $25,000 later on the day but failed once more.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:As of now, the cryptocurrency stands at the same familiar ground.

 

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