Bitcoin rebounded from lows near $58,500 after a sharp sell-off attributed to government actions, regaining ground above $60,000. The cryptocurrency now faces resistance at $62,400, with technical analysis suggesting a potential move toward $63,600 if buyers persist. If support fails, a retreat toward $60,000 remains possible in the coming days.

BitTorrent’s price continues its downward trend, dropping over 40% in the past year. While recent upgrades and reduced token production aim to boost long-term prospects, technical indicators remain negative. Analysts expect further weakness in 2025, though some anticipate recovery if broader crypto markets rally and token supply adjustments prove effective.

BitTorrent (BTT) ranks as one of the biggest decliners, falling nearly 34% over the past week. This drop comes amid low trading volumes and a bearish sentiment across altcoins. Despite ongoing technological improvements, BTT’s price struggles to find support, highlighting persistent challenges for the token in current market conditions.