Bitcoin Taps $78K Ahead of Big Week, NEAR Dumps 6% Again: Market Watch

Bitcoin added over $2,000 since its multi-week low on Friday following the Binance hack, and currently fights to reclaim the $78,000 level. While ETH has neared $2,300 and TRX is up by 1.7% daily, most other large- and mid-cap alts are in the red today, led by NEAR’s substantial 6% decline. The primary cryptocurrency spent most of the previous week trading sideways in a relatively tight range between $82,000 and $79,000. The lower boundary managed to hold the bears off for days, while the upper was challenged a few times, until Wednesday.