Bitcoin’s price dipped to another multi-week low at just over $62,000 on Saturday evening but rebounded to $63,500 on Sunday morning after US President Donald Trump said he had canceled the planned attacks against Iran.
Most larger-cap alts have turned green with minor increases, led by Cardano’s native token, which has jumped by 9%.
The business week began on a more positive note after last weekend’s de-escalation in the Middle East. Bitcoin had remained above $64,000, and then it tapped $65,600 on a couple of occasions on Monday. However, it couldn’t continue upward, and uncertainty ahead of the FOMC meeting led investors to de-risk by offloading BTC, which resulted in a massive drop to $62,800.
Volatility remained high before and after the event, with the asset going up and down between $63,000 and $65,000. It rocketed to just over the upper boundary on Friday morning, where it was rejected once again.
The subsequent leg down was even more painful as bitcoin dipped to $62,400 for the first time in over two weeks. It managed to rebound to $63,000 on Saturday before it dropped once again to $62,100 (on most exchanges). The situation improved on Sunday morning after US President Trump canceled planned attacks against Iran, and BTC jumped to $63,500.
Its market cap has reclaimed $1.270 trillion, while its dominance over the alts remains below 57% on CG.
Most larger-cap alts have turned green in the past day. XRP has defended the $1.05 support, which has been described as a major support level by analysts that can propel the next rally. SOL is up by 1%, and so is HYPE. ETH, TRX, DOGE, RAIN, and ZEC have marked minor increases.
Cardano’s native token has become today’s top performer, surging by 9% to $0.185. XLM, DOT, AVAX, NEAR, PEPE, and WLD have marked gains of up to 4%.
The total crypto market cap is up by $40 billion since yesterday’s low and is up to $2.250 trillion on CG.
The post Cardano Rockets by 9%, Bitcoin Reclaims $63K After War De-Escalation: Weekend Watch appeared first on CryptoPotato.
The Kospi ended July with a powerful rebound, while the Bitcoin price stayed remarkably steady despite several major headlines. We watched the Kospi recover sharply
XRP price prediction is getting bullish as Ripple backed Evernorth amended its SEC registration statement again. The post XRP Price Set for Institutional Boost? Evernorth
Crypto investors were fleeced of almost a billion dollars in the first half of 2026, and the industry’s favorite comfort blanket did little to stop
On Jan. 10, 2026, a bitcoin and litecoin holder handed over their 12-word recovery phrase to someone posing as Trezor support and watched $282 million
Blockchain Bodega is here and you know the vibes. We’re at the intersection of hip-hop culture and web3, exploring this new digital frontier. Who better to guide you through these uncharted lanes than Ock Chain – The Bitcoin Boss and the Consensus Corner Boys?
Ock Chain doesn’t just cook up random details about cryptocurrency; he lives it. Ock’s been deep in the game since Bitcoin was just a baby.
And let’s not forget about the Consensus Corner Boys. They’re our skilled crew of blockchain enthusiasts. They’re here to educate, entertain, and enlighten.
Welcome to Blockchain Bodega!
Copyright © 2023 Blockchain Bodega. All rights reserved.
