coingape.com
- Polkadot rallies nearly 20% to trade at $42 ahead of another upswing to all-time highs around $50.
- VeChain eyes $1.5, but first, the 200-day SMA barrier must come out the way.
The cryptocurrency market endured a healthy pullback mid-week, whereby Bitcoin retested support at $58,000. Investors did not waver but seem to have embraced the correction by taking more positions in the preferred digital assets. Bitcoin recovered, settling above $58,000 while Ethereum has lifted from $3,400 to beyond $3,600 at writing.