BTW has skyrocketed by over 450% in the past month, currently sitting within the top 70 alts by market cap.
Bitcoin’s dull price movements over the weekend sort of extended as the new business week started, but the asset has managed to decisively reclaim the $63,000 level as of now.
RAIN, ZEC, and HYPE have emerged as today’s top performers from the larger-cap alts, while ETH has neared $1,900 once again.
BTC Above $63K
Bitcoin stood tall at the beginning of the previous business week when it traded comfortably at $65,000 and even tried to break out even higher. However, it was quickly stopped at $65,400 and slipped to $63,800. The bears appeared to be in control for most of the week.
After a couple of failed rebound attempts, both of which were halted at $64,400, BTC went south once again. This time, it dipped to $62,800. Another bounce-off followed, but the bears kept a tight control of the market and drove bitcoin south to a 10-day low on Friday at $62,500.
The cryptocurrency finally reacted positively and jumped by a grand almost immediately. It failed to continue recovering, though, and calmed at $63,000, where it spent the entire weekend without any moves in either direction.
It dipped to $62,600 on Monday morning before it pumped by $1,000 to $63,600. Although it was stopped there, it still trades above $63,000 as of press time.
Its market cap has returned to $1.270 trillion on CG, while its dominance over the alts stands below 57%.
BTW Keeps Pumping
While even most of the mid- and lower-cap alts have remained sideways lately, Bitway (BTW) has stolen the show once again. The asset is up by 16% daily, 80% weekly, and a whopping 460% since this time last month. It currently trades close to $0.35, and it has become the 69th-largest cryptocurrency by market cap.
The most substantial gainers from the larger-cap alts have produced a lot more modest increases. ZEC and RAIN are up by around 4%, while HYPE has jumped by 3% to $59. ETH is close to $1,900, while XRP continues its battle with the key $1.00 level.
The cumulative market cap of all crypto assets has added less than $20 billion daily and remains below $2.250 trillion on CG.
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