Crypto Market Cap Hits New 2019 High As Bitcoin Surges Towards $6,000

The weekend has started with a bang in the crypto world as Bitcoin breezed past resistance again to post a new 2019 high. The action has had the effect of pushing total market capitalization up to its highest level for five months.

Just when it looked like more consolidation was on the cards Bitcoin surged past resistance at $5,600 and hit a new 2019 high of $5,880 a few hours ago according to Coinmarketcap figures. Trading in Asia has pushed volume up to almost $20 billion which is higher than the entire market volume was a couple of months ago.

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