Bitcoin Skyrockets to 2-Week High as ZEC, PUMP, PENGU Chart Double-Digit Gains: Market Watch

Bitcoin’s price correction on Tuesday didn’t last long, and the asset flew past a key resistance level and shot up to $116,500 for the first time since September ￰0￱ altcoins have followed suit with impressive gains over the past few hours, including ZEC, PUMP, and ￰1￱ Rockets Past $116K As history suggested, bitcoin’s price suffered in September, especially at its ￰2￱ that the asset slumped from over $114,000 to under $109,000 by September 26 as it charted a multi-week ￰3￱ support managed to hold, and BTC spent most of the weekend trading sideways below $110,000. The bulls finally stepped up on Monday and pushed the cryptocurrency beyond that level to $112,500.

After hitting some resistance there, bitcoin went on the offensive once more and neared $115,000 later during the ￰4￱ was stopped there at first and pushed south by over two grand to under $113,000. It stood there for a while, but the actual breakout took place earlier today after the US government shut ￰5￱ jumped from that level to a two-week high of over $116,500, charted minutes ￰6￱ surge has pushed its market cap to beyond $2.320 trillion on CG, while its dominance over the alts sits at 56.7%. BTC/USD.