Bitcoin Trades Above $71K as Ethereum Reclaims $2K and Major Altcoins Extend Broad Crypto Rally
Bitcoin is trading at $71,169 within its consolidation range after clearing the $70,000 level, with resistance now seen near $76,000 and technical focus on a potential move toward $90,000 in the BTC/USDT pair. Ethereum has moved back above $2,000, exceeding its 7-day Simple Moving Average of $1,989.48 and 7-day Exponential Moving Average of $1,976.66, with the $2,240 level highlighted as the 23.6% Fibonacci resistance if the $2,000 support holds. According to the summary, broader altcoin markets are also higher, with XDC rebounding toward $0.0364, Morpho at $1.96 after a 67% monthly and 3.5% daily gain alongside increased network usage and TVL of 2.97, while BNB has moved above $650 and leading assets including XRP, Solana, Litecoin, Hedera, Uniswap, Polkadot, Bittensor TAO and Near Protocol have collectively advanced about 5% over 24 hours amid short- to mid-term bullish sentiment.