50k BTC Once More
BTC daily candle chart, approximately 9:30am ET, 10/5/21.
BTC continues its climb as it broke 50k overnight. With Bitcoin leading the market, the overall cryptocurrency market cap is once again up to $2.2 trillion. Momentum seems ready to continue swinging upward as well, so we may continue to see gains from the overall cryptocurrency market.
ETH daily candle chart, approximately 9:35am ET, 10/5/21.
Ethereum’s daily candle chart is also showing similar signs of growth. With momentum attempting to swing upward once more and tests resistances near the $3,500 range.