Binance Coin Sets New ATH as Crypto Market Cap Inches Away From $2 Trillion (Market Watch)

Although it failed to breach $2 trillion, the crypto market cap registered a new record as BTC tapped $60K, ETH jumped to $2K, and BNB set a new ATH.

Bitcoin touched $60,000 once again but is still unable to overcome the coveted price tag decisively. Some altcoins have registered impressive gains, led by Binance Coin’s 15% surge, which led to a new all-time high for the crypto market cap just shy of $2 trillion.

Bitcoin Touched $60K But No Further

The primary cryptocurrency has flirted with the $60,000 price line for a few days now. On March 31st, it came inches away from overcoming it after an impressive leg up, but to no avail.

Just the opposite, the price slumped by $3,000 in a matter of minutes. However, the bulls regained control once more and pumped BTC to just shy of $60,000.

The situation seemed different a few hours ago when bitcoin surged from roughly $58,500 and even surpassed $60,000 briefly. Nevertheless, the cryptocurrency has retraced once again by several hundred dollars and currently sits around $59,500.

The technical indicators place the $60,000 price level as the first major resistance obstacle in bitcoin’s way up. Should the asset finally overcome it decisively, the following ones are $60,760 and the all-time high of $61,780.

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