RATE Group | Crypto bulls push Bitcoin (BTC) and major altcoins higher; ranges still observed
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Crypto bulls push Bitcoin (BTC) and major altcoins higher; ranges still observed

31 Jul Crypto bulls push Bitcoin (BTC) and major altcoins higher; ranges still observed

Posted at 04:08h in Bitcoin News by

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  • Bitcoin and major altcoins are range-bound with bullish bias during early Asian hours.
  • A new catalyst is needed to push the coins out of ranges.

The cryptocurrency market has recovered from the recent lows. However, significant resistance levels remain unbroken as Bitcoin (BTC) and all major altcoins are still moving within the recent ranges.

Top-20 coins are all in the green zone, with Tezos gaining eye-watering 22% of its value in recent 24 hours. The gains of the rest are less impressive, ranging from 1% to 5%.

The total capitalization of all digital assets in circulation settled at $268 billion. The total trading volume slipped to $46 billion, while Bitcoin’s market share stayed at 64.5%.

Top-4 coins price overview

Bitcoin (BTC/USD) recovered from the intraday low at $9,575 to trade at $9,660 by the time of writing. Despite the recovery, the bull’s momentum is not strong enough to take the coin out of the range, while the critical $10,000 is still a…

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