MemeCore suffered another sharp decline over the past 24 hours, while Bitcoin continued hovering near the crucial $63,000 level. Among the major gainers, ARB and SKY outperformed the broader market with gains of roughly 9% each.
Bitcoin Holds Near Key Resistance
Bitcoin experienced another relatively quiet trading session, briefly slipping below $62,000 before rebounding by more than $1,000. The recovery, however, stalled just above $63,000, leaving the asset trading close to that key resistance level.
After opening the month with a steep drop below $58,000, its lowest level in nearly two years, Bitcoin quickly regained momentum, climbing back above $60,000 before reaching $63,000 over the weekend. The rally continued into the start of the week, lifting the cryptocurrency to $64,000.
Momentum faded after a larger Bitcoin sale by Strategy triggered a sharp pullback to around $61,200. Buyers stepped in at that level, driving another rebound that briefly pushed BTC to $64,600 before sellers regained control.
Another decline followed on Wednesday, sending Bitcoin to roughly $61,600. Since then, the asset has recovered more than $1,000. Although it failed to sustain a move above $63,200, it remains near $63,000 and is posting modest daily gains.
Bitcoin’s market capitalization has risen to approximately $1.26 trillion, while its dominance over the altcoin market remains steady at 56.5%.
MemeCore Slides While ARB and SKY Lead Gains
Most large cap altcoins recorded limited price movement over the past day. Ethereum continues to trade near $1,750, BNB remains above $570, and XRP is attempting to hold support around $1.10. Solana, Hyperliquid (HYPE), Bonk (BONK), Zcash, and Stellar posted modest losses, while Chainlink, TRON, and Dogecoin edged slightly higher.
ARB and SKY emerged as the strongest performers, each climbing about 9% to trade near $0.085 and $0.058, respectively.
On the downside, MemeCore recorded the steepest decline among major tokens, falling 19% to around $1.21. BEAT and Jupiter also posted notable losses, each dropping between 5% and 6%.
The total cryptocurrency market capitalization has recovered to approximately $2.24 trillion.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
