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Double-Digit Gains From These 2 Altcoins, Bitcoin Struggles at $63K: Weekend Watch

Double-Digit Gains From These 2 Altcoins, Bitcoin Struggles at $63K: Weekend Watch

Bitcoin’s price failed at $65,000 earlier this week, and the subsequent correction pushed it south to a 17-day low of $62,400 before it found some support and rebounded to $63,000.

Most larger-cap alts are also in the red in the past 24 hours, led by more painful losses from HYPE, UNI, and AAVE.

BTC Back to $63K It was just over a week ago when the primary cryptocurrency was riding high and tapped a monthly peak at $67,000 after the favorable US inflation data for June.

However, the predominantly bearish sentiment quickly returned, and the asset slumped below $64,000 that Friday. Its recovery began last weekend and intensified on Monday when bitcoin pumped to $65,600 on a couple of occasions.

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Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.

TRADEMINATI X is an automated real-time cryptocurrency news aggregator. It fetches and analyzes RSS feeds, organizing publications by coin hashtags to make tracking specific assets efficient.
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