Bitcoin Jumps 5%, Altcoins Continue To Gain Traction

Bitcoin price stayed above the USD 34,200 support zone and started a fresh upward move. BTC broke the USD 36,500 resistance level to move into a short-term positive zone.

It is currently (13:00 UTC) trading near USD 37,000, with major hurdles near USD 37,200, USD 37,800 and USD 38,000.

Besides, most major altcoins are trading in a bullish zone.

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