Ethereum Nears $1,200 as Bitcoin Takes $35,000

ethereum bitcoin price jan 6 2021

Bitcoin is up by more than 10% today to a new all time high of $35,700 before currently trading at $35,000. It’s unfiltered volumes have ballooned to $72 billion with more credible volumes standing at about $17 billion, a huge increase over last year. The currency is now trying to clear resistance at $35,000 after briefly testing support at $28,000 on Monday. If it takes it, then next resistance is probably $40,000 after seeing significant buy volumes from big money investors. For now however the global crypto market cap may be seeing a resistance line of its own as it nears $1 trillion. The global crypto market cap has just surpassed all time high which previously stood at about $850 billion with it now at $940 billion. Bitcoin accounts for the vast majority of it at $640 billion, while eth has risen to $130 billion as it tries to take…

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