Bitcoin Jumps Above USD 51K, Ethereum Hits USD 4,100, ADA & LUNA Rally
Bitcoin price formed a base and accelerated above USD 48,500. BTC bulls pushed the price above the USD 51,000 zone. It is currently (04:18 UTC) up 5% and there could be a minor downside correction.
Similarly, most major altcoins are also rising. ETH increased 3%, is back above USD 4,000 and there was a break above USD 4,100. XRP might make another attempt to clear the USD 1.00 barrier. ADA is up 9% and surpassed the USD 1.45 level.
Total market capitalization
After clearing the USD 48,500 hurdle, bitcoin price gained bullish momentum. BTC was able to jump above the USD 50,000 and USD 50,500 resistance levels. It tested USD 51,500 and currently consolidating gains. On the downside, an initial support is near the USD 50,500 level. The next major
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