{"id":207298,"date":"2026-08-01T09:18:47","date_gmt":"2026-08-01T09:18:47","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=207298"},"modified":"2026-08-01T09:18:47","modified_gmt":"2026-08-01T09:18:47","slug":"double-digit-gains-from-these-2-altcoins-bitcoin-struggles-at-63k-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=207298","title":{"rendered":"Double-Digit Gains From These 2 Altcoins, Bitcoin Struggles at $63K: Weekend Watch"},"content":{"rendered":"

Bitcoin\u2019s price failed at $65,000 earlier this week, and the subsequent correction pushed it south to a 17-day low of $62,400 before it found some support and rebounded to $63,000.<\/p>\n

Most larger-cap alts are also in the red in the past 24 hours, led by more painful losses from HYPE, UNI, and AAVE.<\/p>\n

BTC Back to $63K<\/h2>\n

It was just over a week ago when the primary cryptocurrency was riding high and tapped a monthly peak at $67,000 after the favorable US inflation data for June. However, the predominantly bearish sentiment quickly returned, and the asset slumped below $64,000 that Friday.<\/p>\n

Its recovery began last weekend and intensified on Monday when bitcoin pumped to $65,600 on a couple of occasions. However, it couldn\u2019t keep climbing and dumped to $62,700 a day later as investors de-risked ahead of the key FOMC meeting. More volatility ensued before and after the event as the Fed ultimately left the rates unchanged<\/a>.<\/p>\n

Bitcoin began a more profound recovery on Thursday and Friday morning, jumping to $65,500 once again. A familiar scenario repeated, though, as the bears resumed control and drove it south to its lowest position since July 14 at $62,400.<\/p>\n

The bulls managed to step up and helped BTC recover some ground to the current $63,000, but there are some warning signs<\/a> about another leg down in the making. Its market cap is down to $1.265 trillion on CG, while its dominance over the alts has settled at 56%.<\/p>\n

<\/a>BTCUSD Aug 1. Source: TradingView<\/p>\n

These 2 Alts Fly<\/h2>\n

Audiera\u2019s BEAT is by far the top gainer over the past 24 hours, surging by 22% to $4.60. MemeCore (M) follows suit and completes the modest double-digit gainer club with an 11% increase to $1.10. PUMP (9%) and PI (5%) follow suit.<\/p>\n

In contrast, most of the larger-cap alts are in the red. ETH is down by over 1%, and so are BNB and XRP. HYPE has dumped by another 5% to $52. RAIN has lost almost 3% of value, while UNI and AAVE have slumped by more than 6%. XMR, HBAR, and SHIB are among the few exceptions in the green.<\/p>\n

The total crypto market cap has dropped by around $30 billion in a day and is down to $2.260 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview August 1. Source: QuantifyCrypto<\/p>\n

\u00a0<\/p>\n

The post Double-Digit Gains From These 2 Altcoins, Bitcoin Struggles at $63K: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price failed at $65,000 earlier this week, and the subsequent correction pushed it south to a 17-day low of $62,400 before it found some support and rebounded to $63,000. Most larger-cap alts are also in the red in the past 24 hours, led by more painful losses from HYPE, UNI, and AAVE. BTC Back […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-207298","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/207298"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=207298"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/207298\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=207298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=207298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=207298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}