Crypto Market Stalls as Bitcoin Nears 200-Week Moving Average

Bitcoin's price hovered near $63,824 over the past 24 hours, up 1.45% from yesterday and closing in on its 200-week moving average of $63,700.

Ethereum remained steady around $1,866, while XRP traded at $1.07, which is up for the week.

Binance Coin (BNB) outperformed with a 4.65% weekly gain to reach $591.03, marking it as one of the top performers in the market.

The total crypto market capitalization reached $2.18 trillion, a 1.1% increase from the previous day, while 24-hour liquidations more than doubled to $224.06 million, up 117.26%.