Bitcoin Nears USD 50K, Ethereum, Cardano Rally

Bitcoin price remained well bid above the USD 46,500 level. BTC started a fresh increase above the USD 48,500 resistance level. It is currently (04:25 UTC) trading above USD 49,200 and it might soon clear USD 50,000. Similarly, many major altcoins gained bullish momentum. ETH is up almost 9% and it broke the USD 3,700 resistance. XRP is also gaining pace and it surpassed the USD 1.235 resistance.