3 Altcoins Post Double-Digit Gains as Bitcoin (BTC) Reclaims $65K: Market Watch

Bitcoin’s price hasn’t made a major move for days, as it continues to remain stuck at around $65,000 since Friday. The good news for the bulls is that it now stands on the upper side.

Most larger-cap alts perform similarly, with little to no actual moves. XMR is up by 3%, NEAR by 2.5%, while WLD and PUMP have stolen the show.

BTC Rises Above $65K (Slightly)

The previous business week began on a significantly more volatile note. At first, BTC was rejected at $64,000 after an eventful weekend on the Middle East war front, and dipped to $62,200 within hours. However, the bulls stepped up and helped it recover the lost ground almost immediately.

The following few days were more positive as bitcoin tapped $65,000 by Wednesday. It remained at around that level before the CLARITY Act faced another setback in the US Senate, and BTC dipped toward $64,000. The weak US jobs report from Friday, though, brought some hopes that the Fed won’t hike the rates in September, and BTC reacted with a price pump to $65,400.

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