Bitcoin and Ethereum Inch Higher, AVAX Rallies
Bitcoin price started a fresh increase from the USD 45,500 support zone. BTC was able to clear the USD 46,500 and USD 47,500 resistance levels. It is currently (11:54 UTC) trading above USD 48,900 and there could be more upsides in the near term.
Similarly, most major altcoins are gaining bullish momentum. ETH is also up 6% - it surpassed the USD 4,000 resistance level to move into a positive zone. XRP increased 4% and is approaching USD 0.90. ADA surpassed USD 1.25 and there could be more gains.
Total market capitalization
After a clear move above USD 46,500, bitcoin price gained bullish momentum. BTC was able to clear the USD 47,500 and USD 48,000 levels. It even climbed above USD 48,500 and there are chances of a move towards the USD 49,200
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