Bitcoin price takes a pit stop with ether and dogecoin stealing the spotlight.
Volumes on the CoinDesk 20 eight spot BTC venues was over $8 billion for the first time since Feb. 23.
“The biggest fear for many crypto traders has always been that big governments might impose harsh restrictions on cryptocurrencies,” said one analyst.
Also, ether continued to move higher after the Berlin Fork.
Also, 98 cryptocurrencies are now valued at more than $1 billion each.
Crypto bulls are taking over the market in anticipation of Coinbase's direct listing.
The listing could spur newbie investors to try cryptocurrencies.
Bitcoin’s struggle to retest a key resistance level at $60,000 has “dampened” market sentiment, said one trader.
The price gain came amid new signs of growing mainstream adoption of bitcoin and other cryptocurrencies.
The oldest cryptocurrency is looking at a price support level around $54,000, with resistance around $60,000.
Bitcoin traders are increasing their bullish bets in futures markets – and taking more risk.
The action was in ether on Friday, as the second-biggest cryptocurrency's price jumped to a new all-time high.
$60K is a key psychological level that has also proven a formidable stopping point during this year’s powerful rally.
Bitcoin finishes the first quarter double where it started the year, versus a 5.8% gain for the S&P 500. No wonder Goldman's clients want in.
Bitcoin's funding rates are rising, a sign traders are willing to take more risk in betting on a fresh rally.