Bitcoin (BTC) Targets $60K Milestone as Toncoin (TON) Skyrockets with 12% Daily Gain: Crypto Market Analysis
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- Bitcoin’s price recovery attempts continued in the past 24 hours as the asset neared $60,000 for the first time in days but failed to overcome that line.
- The altcoins are also slightly in the green, with ETH closing down on $3,000, while SOL has neared $140.
- Most altcoins suffered quite badly as well at the start of the business week but charted impressive gains yesterday. Some, such as Toncoin, have doubled down.
Bitcoin’s recovery attempts, the altcoin market’s slight green, and Toncoin’s impressive gains are the highlights of today’s crypto news.
Bitcoin’s Attempt to Reach $60K
Bitcoin experienced several brutal days in which its price dropped by more than eight grand. It all started quite positively as BTC soared to nearly $65,000 during the early trading days of the Morning Asian session. However, the bears intercepted the move at this point and propelled the first decline of many. In a matter of hours, bitcoin found itself dumping to under $62,000 and to $60,000 later that day. The pressure kept mounting and BTC lost that physiological support level. This culminated in another massive nosedive that drove the cryptocurrency to... Read the full article for FREE at COINOTAG!