Bitcoin price formed a base and accelerated above USD 48,500. BTC bulls pushed the price above the USD 51,000 zone. It is currently (04:18 UTC) up 5% and there could be a minor downside correction.
Similarly, most major altcoins are also rising. ETH increased 3%, is back above USD 4,000 and there was a break above USD 4,100. XRP might make another attempt to clear the USD 1.00 barrier. ADA is up 9% and surpassed the USD 1.45 level.
Total market capitalization
After clearing the USD 48,500 hurdle,
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