🎉Hey BTC enthusiasts! The crypto market is showing signs of recovery, with its capitalization nudging towards the $2.5 trillion mark, a 2.6% increase on the day. 📈
Bitcoin is leading the charge, with its price hovering around $63K. It's a nail-biter to see if BTC can maintain these gains or if the bears will push it back towards $60K. 🐻🐂
Analysts are hopeful that July will be a good month for Bitcoin, historically a month of gains, especially after a red June. But hold onto your hats, folks! There are some key economic events in the US this week that could impact the price action. 🎢📊
Meanwhile, altcoins are also enjoying the green wave, with SOL leading the pack with a 4.6% increase, pushing towards $150. Other altcoins like LINK, AVAX, and NEAR are also posting gains. 🚀
Interestingly, some categories are outperforming others. Meme coins on Solana and Base are charting average gains between 13% and 9%, significantly more than the general category of meme coins, which is up by about 3%. 🤑
So, keep your eyes peeled, folks! It's going to be an exciting week in the crypto world! 🌍💰