Cryptocurrency, US News

Bitcoin Holds Ground, Ethereum and Altcoins Gain Momentum

Bitcoin price found support near USD 58,500 and recovered. BTC is back above USD 60,000 and is currently (04:23 UTC) consolidating. A close above USD 61,200 could push the price towards the USD 62,500 resistance zone.
Besides, most major altcoins are gaining bullish momentum. ETH is up 5% and it broke the USD 4,300 level. XRP gained pace for a move above the USD 1.12 resistance. ADA is rising towards the USD 2.00 resistance zone.
Total market capitalization…
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