Bitcoin experienced a volatile week, causing the altcoin market to decline as well. However, APT, POPCAT, and SUI managed to maintain modest gains. The overall cryptocurrency market was slightly up, but still below the $2.4 trillion mark. Analysts remain cautious but optimistic, with one pointing to Bitcoin's retest of a downtrend line as a bullish signal. The key resistance level for Bitcoin is $62,000, and if it falls below $60,000, the next major support level is at $57,500. Despite Bitcoin's decline, altcoins like APT, POPCAT, and SUI have seen gains due to positive developments and partnerships.
- Content Editor ( invezz.com )
- 2024-10-05
APT, POPCAT, and SUI remain in profit amid Bitcoin’s shaky start to October