Crypto Market Turns Risk-Off as Bitcoin Drops Below $63,000
The cryptocurrency market took a risk-off stance this week, with Bitcoin dropping below $63,000 after failing to hold above $65,000.
Regulatory uncertainty surrounding the CLARITY Act added to the pressure.
Despite the broader market weakness, some altcoins managed to outperform, including Bitway [BTW], Worldcoin [WLD], and World Liberty Financial [WLFI].
Bitway led the gainers with a 43% rally, but its RSI has entered overbought territory, suggesting a possible bearish correction in the short term.