Bitcoin back above $51,000 and Ethereum/AWS tie-up could mean big innovation
Crypto at a glance
The market continued to look choppy yesterday, though it seems the momentum is still very much on Bitcoin’s side and we’re back percolating at around $51,000 again.
The largest cryptocurrency is still some way off last month’s all-time high price above $58,000, but the conditions are arguably more favourable for a more sustained price move this time around.
Last week’s correction took a lot of the heat out of the market and the US stimulus bill is likely to be approved in the next two weeks, although falling volumes may be a cause for concern.