Cryptocurrency Price on April 5: Bitcoin rises above $67,500; Bitcoin Cash, Shiba Inu jump up to 10%

economictimes.indiatimes.com:

cryptocurrency market cap surged by 2% to approximately $2.52 trillion over the last 24 hours.

At 10:41 a.m., Bitcoin showed a 3.2% increase, reaching $67,518, while Ethereum experienced a slight decline of 0.4% to $3,278. Additionally, altcoins including XRP (2.5%), Toncoin (3.8%), Shiba Inu (4.6%), Cardano (2.9%), Shiba Inu (2%), and Bitcoin Cash (10%) witnessed significant rally.

«Bitcoin rebounded to $69,000 within the past 24 hours before consolidating around $67,500. If Bitcoin can close above $69,000 today, it could set the stage for a potential move towards $70,000 and above over the weekend, with $65,500 acting as a key support level in case of a downturn,» said Edul Patel, CEO of Mudrex

Shivam Thakral, CEO of BuyUcoin, said, «With just 2 weeks left for Bitcoin halving, the largest crypto can pick up momentum and potentially make a new ATH. Another potential scenario is a huge correction and the formation of a new local bottom before the reversal phase begins.»

Did you Know?

The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.

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