Bitcoin price started a steady recovery wave above the USD 48,000 level. BTC even cleared the USD 49,500 and USD 50,000 resistance levels. It is currently (04:32 UTC) showing positive signs and it could continue to rise towards USD 52,000.
Besides, most major altcoins are also correcting higher. ETH gained pace for a move above the USD 4,250 resistance level and surpassed USD 4,300. XRP is still trading below the USD 0.850 resistance. ADA is up 6% and it could revisit the USD 1.50 resistance.
Total market capitalization
After struggling for some time, bitcoin price managed to pop above the USD 49,500 resistance. BTC even cleared the USD 50,000 level and accelerated higher. It is now trading above the USD 51,100 level while the next major
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