The price of Bitcoin ( BTC ) fell to $64,000 in a new bullish round on October 25 as the market left behind a weak weekend.
Data confirmed a solid 6.5% gain for BTC/USD in the 24 hours before 16:00 UTC on October 25.
The pair has erased the previous losses that came as part of the a decline after last week's new all-time highs.
As has become customary this month, Bitcoin began to rise in early trading on US exchanges, and $64,000 was the next level to recover.
With support seemingly retained at $60,000, sentiment among analysts remained more than optimistic.
Bitcoin was not the lone gainer of the day. Tesla also posted impressive results as its share price reached a new all-time high and is now aiming for $1,000.
Tesla CEO Elon Musk also saw his personal wealth reach $250 billion when he reaffirmed his holdings in BTC.