Bitcoin price extended its rally above the USD 45,000 and USD 46,500 resistance levels. BTC even surpassed USD 48,000 briefly, hitting its new all-time high. It is currently (12:45 UTC) correcting gains and trading well below USD 46,500.
Similarly, ethereum climbed above USD 1,800, traded to a new all-time high at USD 1,825, and it is correcting lower. Besides, most other major altcoins remain in a steady uptrend. XRP/USD is holding the USD 0.465 and USD 0.450 support levels.
Total market capitalization
There was a strong increase in bitcoin price above the USD 45,000 resistance level. BTC even cleared the USD 47,500 level and traded to a new all-time high near USD 48,200. Recently, there was a downside correction below USD 47,500 and the price declined below USD 47,000. The price is now approaching the USD 45,000 level, below which it could test the USD 42,500 support.
On the upside, the price is facing hurdles near USD 47,200 and USD 47,500. A fresh break above USD 47,500 might push the price to a new all-time high.
Ethereum price followed a positive path and it climbed above the USD 1,770 resistance level. ETH even cleared the USD 1,800 level, but upsides were limited. It traded to a new all-time high near