Bitcoin price breaks $64K as major altcoins struggle

Bitcoin rose above $64,000 on Tuesday, Aug. 18, outperforming several large cryptocurrencies as the broader market recorded mixed price movements. Summary Bitcoin traded at $64,262 on Tuesday, gaining 1.2% over 24 hours and 0.5% weekly overall. HYPE rose 1.9% daily and 8.2% weekly, outperforming most large capitalization cryptocurrencies in trading Tuesday. Venice Token led top 100 gainers with a 12.5% rise, reaching approximately $13.70 Tuesday afternoon. Worldcoin fell 10.8%, while Filecoin and Bitway declined 6.5% and 6.1%, respectively, during Tuesday trading. Bitcoin remained inside its $60,000 to $66,000 consolidation range with daily momentum still broadly neutral. Bitcoin traded near $64,262, up 1.2% over 24 hours and 0.5% over seven days, according to crypto.news market data. Its market capitalization stood near $1.29 trillion, with approximately $21.6 billion in daily trading volume. The recovery followed a volatile week during which sellers repeatedly defended the $64,400 to $65,400 area. BTC fell as low as approximately $62,500 on Friday and briefly revisited $62,600 on Monday before recovering. As previously reported, Monday’s rebound carried the market back above $64,...