Bitcoin Breaks Back Above $63K as Bitway Soars 460%
Bitcoin's price movements over the weekend have extended into the new business week, but it has managed to reclaim the $63,000 level. After a couple of failed rebound attempts and dips to as low as $62,800, the cryptocurrency finally reacted positively on Sunday and jumped by almost $1,000.
Despite this increase, Bitcoin's price action remained muted over the weekend, and it has spent the entire time trading above $63,000 without any significant moves in either direction. On Monday morning, its price dipped to $62,600 before pumping up to $63,600, where it currently trades.
Meanwhile, Bitway (BTW) is continuing to make waves in the market, having skyrocketed by over 450% in the past month and sitting within the top 70 alts by market cap. The asset has gained 16% daily and 80% weekly, with its current price hovering around $0.35.