Green May: Bitcoin Soars Above $58K, ETH & BNB New ATHs

Following several days of consolidation around and beneath $55,000, bitcoin finally made a move and jumped above $58,000.

While the altcoin market was producing impressive price pumps lately, bitcoin seemed stalled at best.

The bears used BTC’s inability to breakout and pushed it south again to about $52,000 on April 29th.

Consequently, the asset traded around $54,000 before it finally made a notable move upwards.

On its way up, bitcoin’s market cap solidified its position well above $1 trillion.

As mentioned above, most alternative coins have been on a roll lately, perhaps none more impressive than the second-largest cryptocurrency.

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