Bitcoin Recovers Above $63K as Bitway Soars Over 450%
Bitcoin's price action was relatively flat over the weekend, but the cryptocurrency has managed to reclaim the $63,000 level as of now.
The bears appeared to be in control for most of last week, with BTC dipping to a 10-day low at $62,500 on Friday. However, it reacted positively and jumped by almost $1,000 immediately, but failed to continue recovering and calmed at $63,000 over the weekend.
It dipped to $62,600 on Monday morning before pumping by $1,000 to $63,600, still trading above $63,000 as of press time.
In contrast, Bitway (BTW) has continued its impressive run, skyrocketing by over 450% in the past month and becoming the 69th-largest cryptocurrency by market cap. It currently trades close to $0.35 and is one of the top performers among mid- and lower-cap alts.