Bitcoin Stabilizes Above $64,000 as Pump.fun and Zcash Extend Gains
Bitcoin traded above $64,000 on Wednesday, nearing its 50-day Exponential Moving Average (EMA) at $64,652. Pump.fun and Zcash sustained gains from a rebound on Tuesday, with bulls eyeing further upside.
The King Crypto must reclaim the 50-day EMA to challenge the $67,516 resistance level marked by the June 3 high. A sustained close above this level could confirm the bullish reversal in Bitcoin.
Pump.fun holds steady after a 13% jump the previous day, trading above the 200-day EMA at $0.002153. The launchpad token has a roughly 40% upside potential to its December 3 high of $0.003399.