Bitcoin tests resistance at $85,526, likely to consolidate; details here
By
Binu Mathew
Crypto market update: The crypto market is navigating a phase of cautious bullishness, with Bitcoin (BTC) trading higher by nearly 2 per cent and Ethereum (ETH) at 3 per cent, posting steady gains. Bitcoin briefly tested resistance at $85,526 before pulling back, signaling potential consolidation in the near term.
April has historically been a strong month for crypto, but broader market sentiment, Riya Sehgal, research analyst, Delta Exchange, said, remains cautious amid macroeconomic uncertainties.