Viral Altcoin Skyrockets 50% as BTC Slips Further From $65K: Weekend Watch

Bitcoin’s dull price action continues over the weekend, as the asset has barely moved from the $65,000 range, currently trading inches below that line.

Most larger-cap alts have remained sideways as well, but BNB has been able to reclaim the $600 psychological mark, while SOL and ZEC are up by just over 2%.

BTC Slips Below $65K

The business week began on the wrong foot for the primary cryptocurrency. The asset had recovered some ground during the previous weekend after Trump canceled the then-planned attacks against Iran, and sat close to $64,000. However, it was quickly rejected on Monday morning and slipped to $62,200.

Nevertheless, the bulls were quick to intercept the move and helped bitcoin rebound to $64,000 by Tuesday morning. The next few days saw some gradual price increases from BTC, which was able to tap $65,000. Although it was stopped there, after the CLARITY Act faced another setback in the US Senate, the weak jobs report that came on Friday resulted in a minor rally that drove the asset to $65,400.

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