Crypto market update: Bitcoin holds above $93,500, tests resistance at $96k

The crypto market continues to show strong resilience, with the flagship currency Bitcoin (BTC) holding steady around $93,500. At 10:51 AM on Monday, April 28, Bitcoin was quoted trading at around $94,197.98, higher by 0.12 per cent.

Bitcoin has traded in the range of $92,860.81 to $94,525.04 in the last 24 hours, according to data from CoinMarketCap. The world’s most popular cryptocurrency, which also has the largest market capitalisation, has a 24-hour trading volume of $18.72 billion. Bitcoin’s market capitalization stood at $1.87 trillion.