Bitcoin Faces Key Resistance at $98,400 Amid Market Optimism
By NFTevening
January 3, 2025
Bitcoin Ascends Towards Resistance Level of $100,000
Friday's Bitcoin rise saw it briefly cross the $97,000 mark. Over the previous 2 weeks, Bitcoin is slowly approaching the vital $100,000 resistance level, which has actually shown hard to breach. Bitcoin was trading at $96,777, a 1.5% increase at 11:49 a.m IST. Its intraday high, at $97,739, suggested fantastic momentum.
Source: CoinMarketCap
Altcoins and Ethereum Also Gain
Increasing by 1.6% to trade at $3,452 Ethereum matched the increasing pattern of Bitcoin. Other primary altcoins likewise revealed noteworthy boost. XRP grew by 3.6%; Solana got 2.7%; Cardano leapt by a fantastic 11.5%; Stellar increased by 9%. These rate swings assisted the around the world c...