Crypto Price Today: Tracking Bitcoin and Ethereum in a Bullish Market
Bitcoin Price Analysis
Bitcoin (BTC) has made significant strides, experiencing a remarkable 6.6% increase over the past 24 hours, peaking at $76,400. Currently, BTC is trading around $74,838.79, slightly down by 0.14%. The chart below illustrates the recent price actions and critical support and resistance levels.
Key Observations
- Resistance Level: Around $76,400.
- Current Price: Approximately $74,700.
- Support Level: $74,000, with potential falls towards $73,000.
Ethereum Market Performance
Ethereum (ETH) surged by 9.38% to $2,845.34 due to increased interest and favorable projections post-election. Its trading volume reached $47.4 billion.
Market Overview
Overall, the global crypto cap stands at $2.54 trillion, indicating a 3.58% increase in the past 24 hours. Positive sentiment resurges as Donald Trump's influence strengthens crypto prospects.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.