A bitcoin price today is approaching the US$ 63 thousand region after another day of fast moves between support and resistance. In the last 24 hours, BTC fell back below US$ 62 thousand before recovering more than US$ 1 thousand, but struggled to maintain the advance above that level.
Market behavior follows a streak of recovery sessions that began after the sharp pullback recorded earlier in the month. At the time, Bitcoin dropped below US$ 58 thousand for the first time in almost two years, a move that increased selling pressure and raised volatility in the cryptocurrency market.
After that drop, buyers regained part of the control and pushed BTC above US$ 60 thousand. During the weekend, the cryptocurrency reached US$ 63 thousand and, at the start of the week, it climbed into the US$ 64 thousand range, renewing optimism among investors.
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However, pressure returned after a significant sell-off carried out by Strategy. The move quickly pushed Bitcoin to approximately US$ 61.200, a region where it found enough support to start a new recovery. Shortly after, the asset began trading again near US$ 64.600, but the advance lost momentum once more.
On Wednesday, BTC recorded another corrective move, falling to the US$ 61.600 range. Since then, it managed to recover part of the losses and returned to trading near US$ 63 thousand, although it continues to find resistance to consolidate a more consistent rise above that level.
With this movement, Bitcoin’s market capitalization remains at approximately US$ 1,26 trillion, while its share of the cryptocurrency market stays practically stable, around 56,5%.
Among the main cryptocurrencies, performance remains relatively contained. Ethereum is still trading near US$ 1.750, while BNB keeps quotes slightly above US$ 570. Meanwhile, XRP continues trying to hold support around US$ 1,10.
Other coins, such as Solana (SOL), HYPE, RAN, ZEC, and Stellar (XLM), recorded mild losses during the day. In contrast, TRX, DOGE, and CC posted modest gains, without significantly changing overall market performance.
Among the positive highlights, ARB and SKY led daily gains, with increases near 9%, trading around US$ 0,085 and US$ 0,058, respectively. On the other side, MemeCore recorded the largest drop among the tracked assets, falling about 19% to US$ 1,21. BEAT and JUP also ended the period lower, accumulating losses between 5% and 6%.
Even with the fluctuations seen throughout the day, the total value of the cryptocurrency market returned to approximately US$ 2,24 trillion, following Bitcoin’s stability and the limited movement of most of the major digital currencies.