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.

BTC failed there and dipped to $64,100 earlier today, where it found some support and now sits a few hundred dollars higher. Its market cap has remained sideways at $1.290 trillion, while its dominance over the altcoins has lost some traction and is below 57% on CG now.

BTW In a League of Its Own

The top performer in the crypto market continues to be Bitway (BTW). The token has skyrocketed by over 900% in the past month. Its daily gains stand at a whopping 85%, and it just reached a new all-time high of $0.067 (CoinGecko data).

PUMP, CAKE, LINK, and DOT follow suit in terms of daily gains, but are significantly more modest at somewhere between 4% and 7%. Ethereum has jumped by just over 1% to $1,920, while SOL is at $77 after a 1.5% increase. XRP, TRX, DOGE, and ZEC are also slightly in the green, while HYPE and CC are down by around 2% each.

The total crypto market cap has added around $20 billion daily and is up to $2.280 trillion on CG.