Crypto Currency News

Bitcoin price: BTC heads into the weekend aiming to break the $ 60K barrier

The next few days will be decisive for the crypto currency.

Bitcoin (BTC) closes the week with a slight growth of 0.8%, which took its price above $ 59,500 and has it facing the 60K barrier. At the close of this note, the price of BTC is $ 59,570.

The weekend will be decisive for BTC. If it fails to break through the $ 60,000 barrier, traders will need to hold out at the current support to never see a pullback like the one experienced two weeks ago. Should the resistance break, the momentum could lead directly to $ 64K.

Among the reasons that explain the momentum in the price of BTC in the last 48 hours , stands out the presentation of the American bank Morgan Stanley to the United States Securities and Exchange Commission (SEC), to allow the operation with crypto currencies at 12 of mutual funds managed by the bank.

The altcoin market, for its part, presented even more encouraging numbers. Ethreum (ETH) grew again by 5% and again exceeded 2K. The benchmark altcoin is trading at $ 2,068. Polkadot (DOT) had similar growth, reaching $ 39.84.

Binance Coin (BNB) also continues on the growth path and climbed to $ 340 after a jump of more than 4%. With a similar rally, XRP came in just shy of $ 0.60.

Cardano (ADA) and Litecoin (LTC) grew less than 2% and are trading at $ 1.21 and $ 208, respectively.


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