Bitcoin price recently tapped into fresh liquidity from its weekly support levels, showing a brief surge but then settling near the $62,000 level. This marks a 1.5% daily increase and a 3.5% surge over the past week. These movements underline the importance of the $66,000 level for Bitcoin.
In the broader market, major altcoins, including Ethereum (ETH), displayed selective performance. Ethereum, in particular, maintained its bullish outlook amid the market dynamics.
The details provided offer a crucial insight into why the $66,000 level remains a significant milestone for Bitcoin's price movements and market behavior.
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