Global #resistance levels

Today’s crypto market opened on a highly positive note, with Bitcoin (BTC) reaching an all-time high of $75,407.1 per BTC, according to data from Binance, the world’s largest crypto exchange.

Bitcoin (BTC) is currently priced at $67,891, down just over 2% this week. A positive takeaway for investors is that buyers have maintained the price above $65,000, leading to a recovery that pushed Bitcoin above $67,500 on October 27.

The memecoin ecosystem is experiencing a remarkable resurgence, with tokens like FLOKI, Shiba Inu (SHIB), PEPE, and BONK leading the charge. After a period of stagnant prices, these tokens have entered a breakout phase, largely driven by a renewed interest in the broader cryptocurrency market.

Ethereum (ETH) has recently demonstrated impressive strength, surpassing key resistance levels and even outperforming Bitcoin (BTC). The price of ETH cleared significant barriers at $2,550 and $2,650, with bullish momentum propelling it to a high of $2,701.

Avalanche (AVAX) is making waves in the cryptocurrency market as renowned trader Captain Faibik predicts a significant price increase.

Shiba Inu (SHIB) has been grappling with a persistent downtrend since March, leading to a significant erosion of investor confidence. This prolonged decline has seen many investors retreat from the asset, resulting in diminished trading volumes and market activity.