Despite the market’s volatility, Bitcoin has managed to gain a foothold above the $50,000 resistance level, even reaching a high of $51,500. However, bears did drag the cryptocurrency to $50,600.
Ethereum buyers seem to be more confident than Bitcoin ones. The coin’s chart does depend on BTC’s movements; however, ETH continues to keep its head above the water. The cryptocurrency is changing hands at around $4,350 at the time of writing.
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