XRP continued its rebound with fresh gains, while Bitcoin’s latest attempt to break above $64,000 lost momentum. Meanwhile, WLD and ZEC emerged as the strongest performers over the past 24 hours, and ADA also showed signs of recovery following last week’s sharp decline.
Bitcoin Pulls Back to $63K
Bitcoin endured a turbulent start to June. The leading cryptocurrency opened the month around $73,000 before slipping below the $70,000 mark and extending its losses to levels not seen in years. The downturn accelerated after several key support zones, including $65,000 and later $60,000, failed to hold.
The $60,000 threshold finally gave way on Friday following days of relentless selling pressure. Bitcoin briefly dropped to $59,100, its lowest level since late 2024. However, buyers quickly stepped in, helping the asset reclaim the $60,000 region shortly afterward.
The recovery continued over the weekend as Bitcoin climbed back above $61,000 and later touched $63,000. On Monday, optimism surrounding comments from Donald Trump regarding a potential permanent peace agreement with Iran helped push the cryptocurrency to a high of $64,200. Despite the rally, Bitcoin was unable to maintain its momentum, with repeated attempts to surpass that level falling short. It currently trades near $63,000.
Bitcoin’s market capitalization has steadied at approximately $1.265 trillion, while its market dominance has edged lower to 56.1 percent.
XRP Leads Gains Among Major Altcoins
Ethereum remained on an upward path, trading close to the $1,700 level after posting another modest daily increase. Binance Coin also moved higher, reclaiming the $600 mark following a gain of about 1.25 percent.
XRP posted the strongest performance among the top ten cryptocurrencies by market capitalization, advancing 2 percent and climbing comfortably above $0.17. Market analysts continue to express confidence in XRP’s long term outlook, with some forecasting ambitious targets as high as $27.
Among the broader altcoin market, ZEC delivered the biggest gain within its group, surging 7.5 percent to reach $470. WLD stood out as the top performer among the 100 largest altcoins, jumping 9.5 percent to trade above $0.50.
Cardano also staged a recovery after suffering steep losses during last week’s market selloff and amid concerns surrounding Charles Hoskinson’s decision to step away temporarily. ADA has since rebounded by more than 4 percent and now trades around $0.17.
Despite the mixed price action across individual assets, the total cryptocurrency market capitalization has remained relatively stable, holding just below the $2.56 trillion mark.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
