Bitcoin (BTC) climbed from a low of $60,548 to a high of $63,400, currently trading around $62,656.
The global cryptocurrency market rebounded with a 2.92% increase to $2.92 trillion.
The global cryptocurrency market saw a notable rebound early Saturday during Asian trading hours, recovering from previous lows with the total market cap rising approximately 2.92%. This surge was largely driven by Bitcoin (BTC), which displayed an uptick of 4.71%. In the last 24 hours, BTC’s price fluctuated from a low of $60,548 to a peak of $63,400 before slightly retracing to $62,656, with daily trading volume hitting $30.33 billion.
Following a volatile week, investor sentiment appeared resilient as concerns over rising inflation eased, allowing attention to shift toward a crucial fiscal policy update from China. Bitcoin’s price had already climbed 7.59% from Thursday’s low of around $58,930, breaking the trend of previous days where gains were often turned over during U.S. trading
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