
After another price dip below $60,000, bitcoin went on the offensive again and surged to $62,000. Some altcoins, such as Polkadot, Solana, and Shiba Inu, have also charted impressive 24-hour gains, and SOL has even neared its ATH.
After another price dip below $60,000, bitcoin went on the offensive again and surged to $62,000. Some altcoins, such as Polkadot, Solana, and Shiba Inu, have also charted impressive 24-hour gains, and SOL has even neared its ATH.
Bitcoin is witnessing modest profit-booking, but the long-term trend remains intact and altcoins like ETH, BNB, MATIC and FTM may remain in focus in the short term.
Ethereum is trading in a bullish zone above $4,200 against the US Dollar. ETH could start another increase if it clears $4,350 and $4,400 in the near term.
Bitcoin price is struggling to clear the $62,500 resistance against the US Dollar. BTC could decline heavily if there is a close below $60,000 in the near term.
Uniswap’s price remained stagnated for quite some time in the past. The DeFi token shed more than 6% just a couple of weeks ago.