Bitcoin Price Reclaims $54K Level, SUI Explodes 11% Daily (Weekend Watch)

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Bitcoin Price Reclaims $54K Level, SUI Explodes 11% Daily (Weekend Watch)
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Bitcoin’s price tumbled hard on Friday but managed to recover some ground on Saturday and has maintained above $54,000 since then.It was another bearish week for the primary cryptocurrency, even though it headed toward $60,000 on Tuesday. However, the subsequent rejection pushed it south hard, and the asset plummeted to $55,500 by Wednesday.

Another lower high followed on Thursday, and bitcoin slipped to $55,200 on Friday in anticipation of the US jobs report. Once thatto $52,800. The bulls managed to intervene at this point and began a minor recovery that pushed bitcoin to just over $54,000 on Saturday.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Since then, the trading action has been mostly sideways, and BTC stands about $500 above it.

SOL, DOGE, TRX, and TON have posted similar gains, while ADA is up by 4%. AVAX has soared by 6% daily. However, the biggest gainer from the top 50 alts is SUI, which has skyrocketed by almost 11%. As a result, the token now stands close to $1. The total crypto market cap has defended the $2 trillion level and is now about $20 billion above it.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.

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