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Bitcoin Remains Supported, Ethereum Inches Higher, DOT Rallies
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Bitcoin price gained pace above the USD 57,500 level. BTC even surpassed USD 58,000, but it faced hurdles near USD 58,500. There was a minor downside correction and the price is currently (12:04 PM UTC) attempting a fresh increase.
Besides, most major altcoins are showing positive signs. ETH is up 7% and settled above the USD 3,600 level. XRP is still trading well below the USD 1.20 resistance. ADA nears USD 2.20.
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After a close above the USD 57,500 level, bitcoin price extended its increase. BTC broke the USD 58,000 before the bears appeared near USD 58,500. Recently, there was a minor downside correction, but the price remained well bid above USD 57,000. On the upside, an initial resistance is near the USD 58,200
Read more on cryptonews.comAbout this in other media
To the roots of mining: Bitcoin going green faster than ever cointelegraph.com /3 years ago
Will Ethereum’s new ATH bear the same results as it did in May ambcrypto.com /3 years ago
Bitcoin, Ethereum Try to Recover, SHIB Rallies cryptonews.com /3 years ago
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