XRP Leads Gains in Major Cryptos, Bitcoin Holds Above $42K

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XRP led gains among major cryptocurrencies on Monday as bitcoin and ether extended their recoveries after last week's favorable jobs report. By shauryamalwa

Bitcoin broke above resistance, buoyed by several catalysts.

“Despite U.S. jobs data on Friday being better than expected, global markets responded positively to the news, as investors admire the strength of the labor market,” Marcus Sotiriou, an analyst at cryptocurrency brokerage GlobalBlock, said in an email to CoinDesk. Some traders expect bitcoin to see more interest from investors even as the U.S. Federal Reserve tightens monetary policy.

 

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shauryamalwa 🤔

shauryamalwa mkjv__ any thoughts on selling some X on a push above $1 while the hypes back.. for further push down 👁

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