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The Economic Times
The Economic Times
Surbhi Khanna

Bitcoin trades near $63,600 as sentiment nears 2022 bottom levels. Here is what experts say

Bitcoin is trading near the $63,600 mark on Friday, with daily technicals still cautious as moving averages remain above spot and sentiment indicators nearing levels last seen around the 2022 bottom. The cryptocurrency was trading near the $63,626 mark.

In the past 24 hours, Bitcoin and Ethereum gained 1.43% and 1.19%, respectively. Among the major altcoins, BNB, XRP, Solana, Hyperliquid, Dogecoin, and Cardano rallied up to 7.99%, whereas Tron was down 1.98%.

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