Bitcoin Rebounds to $65,000, Driving Altcoin Surge and Renewed Market Optimism

The cryptocurrency landscape experienced a remarkable uptick over the past weekend, witnessing an over 3% surge in total market capitalization, bringing it close to $2.5 trillion. Bitcoin’s ascent to $65,000, although slightly receded to $62,700, highlights the enduring investor interest and market dynamics shaped by its support levels at the 50-day and 200-day Moving Averages.

Source: CoinOtag