RATE Group | Crypto bulls comeback sends Bitcoin to $6,800; Ripple and Ethereum test key hurdles
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Crypto bulls comeback sends Bitcoin to $6,800; Ripple and Ethereum test key hurdles

02 Apr Crypto bulls comeback sends Bitcoin to $6,800; Ripple and Ethereum test key hurdles

Posted at 20:44h in Cryptocurrency News by

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  • Bitcoin extends the gains from $6,4000 support to highs close to $6,800 following a technical breakout.
  • Ethereum price soars briefly to test $140 resistance while Ripple closes in on $0.18.
  • Bitcoin held by BitMEX exchange dropped from 315,000 BTC on March 13 to 244,000 BTC by March 29.

The cryptocurrency market has been bullish for three days. The return of the bulls comes after a drab bearish action over the weekend. Bitcoin has been leading the bullish action following a reversal from the support established at $5,800 to highs close to $6,800.

ETH/USD is outperforming Bitcoin and Ripple during the European trading session on Thursday. Ether opened the session at $136.10 and extended the momentum upwards, testing the hurdle at $140. However, an intraday high has been achieved at $139.04, giving way for a prevailing bearish wave. Ethereum price is trading at $137 at the time of writing, it is up 1.12% on the day.

XRP/USD, on the other hand, is up 1.02% to…

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