Bitcoin soared 4.2% overnight, getting close to the meaningful $40K round level, although there is a $400 retreat from the peaks early on Thursday. Meanwhile, Ethereum strengthened 5.1% overnight and other leading altcoins in the top 10 gained between 4% (Terra) and 14% (Avalanche). The total capitalisation of the crypto market, according to CoinMarketCap, rose […]
The post Bitcoin Needs to Consolidate above $40K to Approve the Reversal appeared first on Action Forex.