#Urgen t: Resistance disrupts the #Bitcoin rally and 4 digital currencies achieve major victories.
_The cryptocurrency market is experiencing momentum, with Bitcoin trying to overcome the resistance level at $38,000, while a group of alternative currencies are showing signs of strength. Investors are closely monitoring the potential impact of the expected approval by the US Securities and Exchange Commission #SEC of the Bitcoin Spot #ETF , which could be an important market catalyst. Bitcoin recently outperformed Ethereum in network operations for the first time in three years, however, Bitcoin price remains confined within a narrow trading range between $36.8K and $35.9K. Market watchers point out that if Bitcoin is unable to maintain the bullish momentum, it may test the support area around $34K.
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