Contrary to expectations, the bitcoin (BTC) price suddenly broke through the resistance around $ 57,000 yesterday evening. Bitcoin itself rose to $ 58,700 this morning and the rate has since hovered around $ 58,000.
The past two weeks have looked bleak for the largest cryptocurrency in the market. It would be the worst April for bitcoin in six years, but just before the end of the month, the price picked up again. Are we going to hit the $ 60,000 this weekend?
Bitcoin is up about 6% today and so is the overall crypto market, which just hit $ 2.3 trillion again. The total market cap of all crypto may be about to break its April 16 record.
Ethereum (ETH) has just set a new all-time high (ATH) of $ 2,880! The ether rate is up 5% today and 22% this week. Market sentiment about ether seems to be becoming increasingly optimistic. Also, open interest (IO) in ether futures (forward contracts) reached a new ATH of $ 8.71 billion today, according to Bybt.com.
In addition, we also see some decentralized finance (DeFi) tokens on Ethereum such as compound (COMP), maker (MKR) and aave (AAVE) doing well today with increases around 10%. Brother Ethereum Classic (ETC) is also 14% in the plus today.
Today we also see dogecoin (DOGE) climbing again. The dogecoin price made a significant upward movement again last night, putting DOGE up 16% today. And that’s even without help from Elon Musk!
The so-called exchange tokens, crypto issued by exchanges, are once again the biggest risers today. The binance coin (BNB) hit a new ATH of $ 638 last night and the huobi token is up 15%. But the big winner today is okb (OKB) from OKEx, which is almost 60% green.