8:51 am on 6 April 2021
The total market capitalization of cryptocurrencies has surpassed $2 trillion, with Bitcoin continuing to rise to $59K levels. Despite the fact that Bitcoin faces stiff resistance at $60K, its volatility has decreased as the BTC price is confined to a range of $57K-$59K. Big players have been buying a lot lately and putting their BTC supply into cold storage off-exchange. According to the latest Glassnode data, Bitcoin balances on exchanges have hit a two-year low.
