Bitcoin price spiked by 2.47% in the last 24 hours, trading at $64.3K.
BTC transaction fees have surged by over 32%.
The cryptocurrency market is attempting to recover from the downside trajectory. Bitcoin has gained 2.47% in the past 24 hours and currently trades at $64,340.
The short-term resistance for BTC is around $65,640, while the support zone is at $63,275.