The price of Bitcoin (BTC) hurtled toward $64,000 in a fresh circular of bullishness on Oct. 25 as the market left a weak weekend behind.

BTC/USD 1-hr candle chart (Bitstamp). Source: TradingView

Bitcoin daily gains nigh 7%

Information from Cointelegraph Markets Pro and TradingView confirmed solid 6.v% gains for BTC/USD in the 24 hours leading up to four:00 pm UTC on Oct. 25.

The pair erased its previous losses, which arrived equally part of a comedown from new all-fourth dimension highs seen last week.

As has get customary this month, Bitcoin began rising into the start of trading on United States stock markets, with $64,000 beingness the side by side level to reclaim at the fourth dimension of writing.

With $threescore,000 seemingly retained as support, the mood amid analysts has stayed more optimistic.

For Cointelegraph contributor Michaël van de Poppe, any levels above $57,000 remain acceptable for BTC/USD.

"I think we're only going to have a consolidatory period or continue the momentum with some slight sideways action before we're going to break back up towards $91,000," he summarized in his latest YouTube update.

Tesla beats Facebook to superlative five U.Southward. stocks

Bitcoin was not the lonely gainer for the solar day. Tesla likewise saw an impressive performance as its stock price striking a new all-time loftier and now aims for $i,000.

Related: BTC cost 'on the manner to $90K' — 5 things to lookout in Bitcoin this calendar week

Tesla CEO Elon Musk, likewise saw his personal wealth hit an eye-watering $250 billion as he reconfirmed his BTC holdings.

TSLA ane-24-hour interval candle chart. Source: TradingView

Tesla, meanwhile, outmaneuvered Facebook to become the fifth-biggest U.S. stock.