Viral Altcoin Explodes to New All-Time High, Bitcoin (BTC) Touched $65K: Market Watch

The altcoin in question has skyrocketed by over 80% in the past day alone.

Bitcoin’s price suddenly jumped by a grand yesterday and tapped $65,000 for the first time in over a week, before it was stopped and now sits at around $64,000 again.

Most larger-cap alts have produced minor gains within the same timeframe, with ETH climbing above $1,900 and SOL trading above $75. BTW has stolen the show again.

BTC Tapped $65K

Bitcoin went through a few legs down last week after it was rejected at $65,400 first and then at $64,400. The culmination took place on Friday afternoon when the asset slumped to $62,500 for the first time in ten days. The bulls finally intervened after this nosedive and helped the asset recover to $63,000, where it spent the entire weekend without any moves in either direction.

Monday began with a dip to $62,600 before BTC jumped by a grand to $63,600. After a minor rejection there, the cryptocurrency went on the offensive again to $64,500. It was stopped there at first and slipped to $64,000. Then came the surprising uptick to $65,000, which became its highest price tag since last Monday.