The crypto world seems to be catching its breath, with Bitcoin chilling around the $63K mark while some altcoins are out there stealing the spotlight with huge gains!
After a rollercoaster ride, the crypto market is taking a breather, holding steady with a total value of about $2.29 trillion. Bitcoin and most of the big players are in a chill mode, just cruising through the weekend with low trading volumes.
Just yesterday, Bitcoin bounced back like a champ, climbing over $63,000 after dipping below $59,000. But it seems the excitement is taking a coffee break, with prices hanging out at around $63K.
From a technical angle, there's a key point to watch: the 200-day moving average sitting around $63.4K. This could be the calm before another storm of activity!
If the sellers decide to make a comeback, Bitcoin has a safety net at $61,000, thanks to the 100-day moving average.
The quiet vibes of the past day have also seeped into the derivatives market, with about $76 million in leveraged positions saying goodbye.
While the big altcoins are mostly flatlining, Aptos (APT) is the life of the party, jumping over 20% in the last 24 hours and claiming the top spot among the big 100. Sui (SUI) isn't far behind, with a cool 10% rise, showing off its impressive moves.
Stay tuned for more crypto adventures!
