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Bitcoin eyes third weekly close above $60K as Ethereum fuels new altcoin market cap record
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Bitcoin (BTC) preserved $61,000 into the weekend after “aggressive” buying on Coinbase sparked multi-day highs.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling overnight after briefly challenging $63,000.
Friday saw strong performance after U.S. traditional markets opened, helping lift Bitcoin to near its minimum monthly close target.
As analysts noted, major exchange Coinbase was the venue for heavy accumulation on the day.
Some aggressive BTC buying on Coinbase right now pic.twitter.com/sR1eMuF2ze
Popular trader and analyst Pentoshi meanwhile noted selling elsewhere, specifically from one whale whose BTC divesting has now hit over 1,000 BTC, each sold on the open market in batches of 20-30 BTC.
“Just goes to show how
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