The weekend has been a little brighter in crypto land has upward momentum has resumed and there have been no further declines. A few hours ago markets shot up over $10 billion in less than an hour in one epic pump. Total market capitalization shot from around $266 billion to just under $280 billion before pulling back a little.
Bitcoin jumped $250 in less than an hour giving it a 2.8% gain on the day. BTC is currently trading at $6,830 and technical indicators suggest that it could reach $7,000. Ethereum followed suit with a 4.6% gain to trade at $490 again with positive signals to break $500.