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Crypto

Bitcoin Price Recovery Stalls Below $64K Amid Market Volatility

Guavy AI Editorial Team
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BTC
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Bitcoin's price recovery attempt to over $64,000 stalled on Monday after it was pushed south by over a grand. The primary cryptocurrency had previously traded sideways around $65,000 during the weekend.

The rebound was stopped at $64,400, and another dip to $63,200 followed. Since then, BTC has calmed between the two boundaries, currently trading at $63,600.

Its market cap has dropped below $1.280 trillion on CG, while its dominance over the alts is beneath 57%. The total crypto market cap has shed around $30 billion daily and is down to $2.250 trillion on CG.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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