Price Analysis: BTC Hits New Monthly High as ETH Faces Major Resistance Point

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The rally that was ignited with the launch of the Ethereum London Hardfork upgrade is yet to cool off. In response to the geared up sentiment as driven by Ethereum (ETH) and its associated tokens with a massive rub-off on Bitcoin (BTC), the global crypto market cap has inched upward by 3.61% to $1.74 trillion.
Beyond the fundamental upshoot in the Ethereum blockchain which now burns off a portion of the token per minute, the Bitcoin ecosystem has also seen bullish fundamentals to help drive the current growth trend.
Bitcoin and the Steady Uptrend: How High Can Price go?
Since the price of Bitcoin went on a freefall from its All-Time High (ATH) price of $64,863.10, the price has largely hovered from a low of $28,893.62 to a $43,271.66, a price point attained per the bullish stack ups in the past 24 hours according to data from CoinMarketCap.
The price repressions of Bitcoin has been stirred by regulatory uncertainties in the past few months. This has kept major institutional investors o

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Źródło: https://coingape.com/88929-2/

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