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Bitcoin and Ethereum Rally Fades, EGLD, WAVES, and GRT Jump

Bitcoin price gained bullish momentum after it broke the USD 40,000 resistance. BTC jumped over 5% and even traded above USD 41,500. However, the bears appeared and the price is currently (04:00 UTC) back near USD 39,100...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin and Ethereum Rally Fades, EGLD, WAVES, and GRT Jump
 
Bitcoin price gained bullish momentum after it broke the USD 40,000 resistance. BTC jumped over 5% and even traded above USD 41,500. However, the bears appeared and the price is currently (04:00 UTC) back near USD 39,100. BTC is still 1% up in a day.
Similarly, most major altcoins are trimming gains. ETH spiked above USD 2,700 before it dropped to USD 2,620. XRP is still struggling to clear the USD 0.80 resistance. ADA is consolidating above the USD 0.80 pivot level....
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Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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