The first cryptocurrency has resumed its growth. Digital gold quotes are close to $71,000.
The upward movement was accompanied by a surge in trading volumes.
The rise in the price of Bitcoin to around $70,990 had a positive impact on the broader market - the âblue chipsâ of the market capitalization ratings entered the âgreen zoneâ.
An analyst at Rekt Capital suggested that to âenter a parabolic growth phase,â digital gold needs to overcome the resistance zone at $72,000 and $73,000.
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At the time of writing, the total market capitalization is $2.76 trillion. Bitcoin dominance index - 50.6%.
Previously, CryptoQuant experts noted the reluctance of hodlers to âgo into cashâ after testing the $70,000 mark.
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