Bitcoin Surges Beyond $118,000 as Ethereum Breaks Crucial Resistance
Main Idea
Bitcoin has surpassed $118,000, and Ethereum is gaining momentum above $4,100, with rising altcoin performance and high trading volumes indicating increased market activity.
Key Points
1. Bitcoin (BTC) has exceeded $118,000, while Ethereum (ETH) is holding above the crucial $4,100 resistance level.
2. The 24-hour trading volume for cryptocurrencies has surpassed $170 billion, reflecting strong market activity.
3. RAY Coin surged over 15% in 24 hours and 36% for the week, leading gains among the top 100 cryptocurrencies.
4. Other notable gainers include AERO (56% weekly), KCS (12%), and LDO, with ETH targeting further increases if it maintains support between $4,000 and $3,960.
5. Altcoins like ENA, PI Coin, IMZ, and XTZ also posted gains, with potential market-moving developments on the horizon.
Description
Bitcoin reached $118,000, while Ethereum surpassed significant $4,100 resistance. Positive market developments could signal promising future for cryptocurrencies. Continue Reading: Bitcoin Surges Beyond $118,000 as Ethereum Breaks Crucial Resistance The post Bitcoin Surges Beyond $118,000 as Ethereum Breaks Crucial Resistance appeared first on COINTURK NEWS .
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