Bitcoin breaks $96K resistance, sets sights on reclaiming $100K mark

The crypto market is buzzing on Friday and building a strong upward momentum, with Bitcoin (BTC) and major altcoins holding above key resistance levels. The flagship currency Bitcoin, after consolidating for eight days, has finally broken out of its range. The price has surpassed the key resistance level of $96,000 and is now trading near $97,000.

At 12 AM on Friday, May 2, Bitcoin was quoted trading at around $96,872.40 levels, higher by 2 per cent.