BCGAME - Free 5BTC Daily Bonus!- Bitcoin approaches $63 again.
- XRP overcomes resistance and leads recovery.
- Cryptocurrency market recovers $150 billion
After one of the most difficult weeks for the cryptocurrency market in 2026, the price of Bitcoin has shown signs of recovery and has approached the US$63 mark in the last 24 hours. This movement comes after the sharp sell-off recorded on Friday, when the largest cryptocurrency in the market was trading below US$60 for the first time since the end of 2024.
The selling pressure began days earlier. Bitcoin was trading near $73 at the start of the week, but gradually lost momentum as investor sentiment deteriorated. The drop first took the asset below $70 and subsequently into the $65 range.
At one point, BTC attempted to recover ground and returned to near $67. However, the movement did not continue and was eventually followed by further selling. The situation intensified on Friday, when sellers increased their control of the market and pushed the cryptocurrency to levels not seen in over a year.
The pullback wasn't limited to the cryptocurrency sector. The US stock market and gold also came under pressure after the release of better-than-expected employment data, a factor that increased uncertainty among investors.
After hitting its lowest point, Bitcoin reacted quickly and returned to trading above $60. The recovery gained momentum over the weekend, bringing the asset close to $63. As a result, its market capitalization surpassed $1,25 trillion again, while the coin's share of the total cryptocurrency market remained above 56%.
Altcoins also followed the improved sentiment. Ethereum, which fell to $1.500 during the correction, recovered some of its losses and returned to near $1.650. This performance represents a daily increase of approximately 4%.
Among the highlights, XRP managed to recover important technical levels and returned to trading above US$1,10 and US$1,15, after having fallen to US$1,05 during the period of greatest pressure.
Other relevant cryptocurrencies, such as Solana, TRON, and Dogecoin, registered moderate gains. Projects like Chainlink, Sui, Shiba Inu, Uniswap, and Worldcoin, however, showed more consistent appreciation. Some smaller market capitalization coins even recorded double-digit increases.
With the recovery seen since Friday's low, the total value of the cryptocurrency market has increased by approximately US$150 billion, reaching roughly US$2,24 trillion.
