Bitcoin broke briefly above a key resistance level at $56,000 on Friday, while ether’s slowly catching up to bitcoin’s gains.
- Bitcoin (BTC) trading around $55,512.76 as of 22:00 UTC (5 p.m. ET). Gaining 6.60% over the previous 24 hours.
- Bitcoin’s 24-hour range: $50,821.47-$56,283.55 (CoinDesk 20)
- BTC trades above its 10-hour and 50-hour averages on the hourly chart, a bullish signal for market technicians.
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