Bitcoin Surges Past $64,000 as Altcoins Seek Recovery Amidst Weekend Momentum

Bitcoin surged past $64,000 before the weekly close on April 28, while altcoins aimed for a rebound. Data from Cointelegraph Markets Pro and TradingView showed increased momentum in Bitcoin’s price over the weekend. After hitting a weekly low of $62,400, BTC/USD reversed its course and maintained levels around $63,500 at the time of reporting. Altcoins also saw positive performance during off-hours trading, with the total altcoin market cap rising by approximately 1% for the day. Popular trader Skew, commenting on recent market trends, noted the bounce in altcoins but expressed caution regarding their tendency to peak early in the week.