The crypto market was mostly in the green territory on Thursday, with Bitcoin recovering all of the previous day’s losses and even surged to a 10-day high beyond the $42,000 level.
Bitcoin was trading at $42,484.88, up 3% in the last seven days, data from Coingecko show.
Ethereum followed suit with a similar local high, but the majority of the crypto market remained in the green on a daily basis.
Following yesterday’s bounce, bulls continued to push prices higher. BTC surpassed the $42K mark after breaking over a critical resistance point, while ETH also surpassed its own $3,150 ceiling after temporarily dropping below $3K earlier in the week.
Suggested Reading | Bitcoin Bounces Back Past $40,000, But May Struggle To Maintain Position
Bitcoin has recaptured the critical $42K milestone following a week in which the price fell as low as $38,000. This robust performance and the steady price advances signal the possibility of a new bull run in the coming days.
Robust Performance For Bitcoin
The cryptocurrency achi ..
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