Market Wrap: Bitcoin Over $55K as Ether Hits New All-Time High

Bitcoin was up Tuesday despite lower-than-average spot volumes. Meanwhile, ether’s price hits record high and the cyrpto’s dominance is back at February levels.

  • Bitcoin (BTC) trading around $54,840 as of 21:00 UTC (4 p.m. ET). Gaining 1.4% over the previous 24 hours.
  • Bitcoin’s 24-hour range: $52,722-$55,261 (CoinDesk 20)
  • BTC near the 10-hour and well above the 50-hour moving average on the hourly chart, a bullish signal for market technicians.

Bitcoin’s hourly price chart on Bitstamp…


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