Bitcoin Consolidates, Ethereum Trims Gains, BAT Skyrockets
Bitcoin price managed to extend gains above the USD 58,500 resistance zone. BTC even cleared the USD 59,000 level, but there was no break above USD 60,000. It is currently (04:45 UTC) consolidating, trading above the USD 57,500 support, and is up almost 1% in a day.
Besides, most major altcoins are moving higher. ETH is up 3% and there was a break above the USD 4,400 level. XRP is still struggling to clear the USD 1.05 resistance. ADA is consolidating above the USD 1.62 support level.
Total market capitalization
After a close above USD 57,500, bitcoin price managed to extend recovery. BTC was able to clear the USD 59,000 level, but there was no test of USD 60,000. The price is now correcting lower and trading below USD 58,000. On the downside,
Read more on cryptonews.com
