Bitcoin is one of the safest investments in the network of cryptocurrencies. The value of Bitcoin is now rising up to approximately $66,000 and is expected to rise even higher in the coming time. The resistance that is created by the trend has been broken a lot of times and is presently is hitting the next higher resistance. According to the market analysts, if the trend in the same direction increases and follows another high, the value of Bitcoin will then increase steadily on a daily basis.
The rally in the prices are not limited to Bitcoin
The major coins are showing good and positive signs in the market. Altcoins are moving with a good difference in the market. The market experts are predicting that continuing this surge, Ethereum is expected to cross the value of $4800. The coins which offered a very stable increase are now showing good momentum in the market.
Crypto.com exchange’s CRO (the native coin) has been listed on the exchange
There are many cryptocurrencies that are yet to be listed on renowned exchanges. The listing on the exchanges creates trust between the investors and traders. After CRO was listed on ‘Coinbase’, it showed a major jump in the price. It is very unusual for exchanges to list the native coin of their competitor. The announcement of listing the coin on the most renowned exchange made the rally. Therefore, this heavy jump in the price percentage has offered the investors and traders a choice to invest.