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Bitcoin Eyes Record High, Ethereum Muted, Major Altcoins Drop
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Bitcoin price remained well supported above the USD 62,000 level. BTC broke many hurdles near USD 63,500 and USD 64,000. It is currently (04:25 UTC) rising and it could test the USD 65,000 resistance zone in the near term.
Most major altcoins are struggling to follow bitcoin. ETH is still well below the USD 3,950 and USD 4,000 resistance levels, while XRP is still around USD 1.10. ADA is trading below the USD 2.18 and USD 2.20 resistance levels.
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After a close above USD 62,000, bitcoin price was able to extend gains. The price was able to clear the USD 63,500 and USD 63,800 resistance levels. It is now facing resistance near the USD 64,000 level. The next major resistance is near USD 64,200, above which the price
Read more on cryptonews.comAbout this in other media
Ether scales $4,600 to record high, bitcoin trails moneycontrol.com /3 years ago
Are Bitcoin’s record prices sign that inflation is not going away anytime soon ambcrypto.com /3 years ago
'Uptober' closes at record high in best month of 2021 — 5 things to watch in Bitcoin this week cointelegraph.com /3 years ago
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