Stacks

Cryptocurrency

Bitcoin

Coin

<ul class="news-points">
 <li>STX rebounds to $2.94, up 13.56% in 24 hours amid market turbulence.</li>
 <li>Bitcoin’s dip below $62k triggers altcoin market correction.</li>
 <li>STX shows bullish signs with RSI at 59.95 and MACD crossing positive.</li>
</ul>
Cryptocurrency markets have faced a challenging week as investors opted to secure profits, leading to a pause in the macro uptrend. In the same way, <a href="https://coinedition.com/tag/stacks-stx/" rel="noopener noreferrer nofollow">Stacks (STX)</a>, the layer 2 network aimed at making Bitcoin more functional, has been subject to high volatility. However, after a steep fall to $2.47, STX made a rebound towards $2.90, amid market instability.
<h2 class="wp-block-heading" id="h-bitcoin-leads-market-correction">Bitcoin Leads Market Correction</h2>
The selloff was led by <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/" rel="noopener noreferrer nofollow">Bitcoin</a>, which suffered a huge pullback from its previous week’s high above $73,000. The fall pushed Bitcoin below the $62,000 level, causing a big correction across the altcoin market.
During the market downturn, Stacks demonstrated great resilience, rebounding to $2.96 before encountering some selling pressure. This recovery is reflected in the digital asset’s 24-hour trading volume, which reached approximately $513,366,116, up 248%.&nbsp;&nbsp;
The rebound represents a favorable market reacti…
The post <a href="https://coinedition.com/stx-rallies-over-13-amid-market-correction-indicators-remain-bullish/" rel="noopener noreferrer nofollow">STX Rallies Over 13% Amid Market Correction, Indicators Remain Bullish</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

STX Rallies Over 13% Amid Market Correction, Indicators Remain Bullish

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