Bitcoin surges with an impressive 8.71% gain, hitting a high of $75,000, while Ethereum trails with a steady 6.94% increase, struggling to keep up. BTC's bullish momentum leads the charge, with ETH playing catch-up.
Bitcoin (BTC) continues its upward momentum with a powerful 8.71% gain, currently priced at $74,249.99. The cryptocurrency reached a 24-hour high of $75,000, fueled by strong buying interest and breaking through key resistance levels. Indicators are signaling intense bullish activity as BTC moves far above its moving averages (MA7: $70,617, MA25: $69,270), pushing into overbought territory with an RSI of 86.87. The surge reflects high market enthusiasm, though the overbought level suggests a possible consolidation or mild pullback soon.
Ethereum (ETH) is seeing a more tempered rise, gaining 6.94% to reach $2,589.22, with a 24-hour high of $2,638. Despite trading above its moving averages (MA7: $2,474, MA25: $2,464), ETH’s rally appears weaker and slower compared to BTC’s. The RSI at 81.30 also points to an overbought condition, suggesting potential resistance as it edges higher.
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