Bitcoin price started a fresh increase above the USD 61,200 resistance. BTC surpassed USD 62,000, but it is currently (11:45 UTC) struggling to gain bullish momentum. A close above USD 62,500 could set the pace for a larger increase.
Besides, most major altcoins are eyeing a fresh increase. ETH is consolidating above USD 4,300 and it could rise above USD 4,400. XRP might rally if there is a close above USD 1.12 and USD 1.15. ADA is still trying to reach USD 2.00.
Total market capitalization
After a downside correction, bitcoin price found support near USD 60,000. BTC started a fresh increase and was able to climb above USD 61,200. It even spiked above USD 62,000. The next key resistance is near the USD 62,500 level. A close above USD 62,500
Read more on cryptonews.com