Bitcoin Back Above $63k, Can It Hold On?

Crypto markets kicked off the new week with a bang, with Bitcoin (BTC) surging past the key $63,000 level. This comes after a strong weekend for the total crypto market cap, which is now pushing back towards $2.5 trillion.

Bitcoin's Rise

Bitcoin is currently trading around $62,800, having reached a daily high of $63,700 earlier today. This marks a 2.6% increase over the past 24 hours. The big question now is whether Bitcoin can hold onto these gains or face a pullback towards $60,000.

Analysts Remain Bullish

As we reported earlier, some analysts are predicting a strong July for Bitcoin. Historically, July has been a positive month for the cryptocurrency, especially following a weak June, which we just experienced.

Solana Soars

While Bitcoin grabs the headlines, Solana (SOL) is also making waves. The altcoin soared by nearly 5% today and is currently trading close to $150. The majority of other altcoins are also in the green today.

This week promises to be eventful for the crypto market, with several important events on the horizon. Keep an eye on Binance Square for all the latest updates!