Have altcoins hit the bottom? Bitcoin price bounces 5% from $59.7K low

Bitcoin is attempting to reclaim support after dipping below $60,000, while traders dare to dream of an altcoin rebound.

Bitcoin (BTC) tapped $63,000 before the April 18 Wall Street open as modest BTC price strength boosted traders’ mood.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $63,095 on Bitstamp, up 5.5% versus the prior day’s lows.

At $59,700, these represented Bitcoin’s lowest levels since early March.

Read more