16,000 ETH burned as Bitcoin finally breaks $42,000 resistance. What’s next?
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Bitcoin failed 3 times in the past few weeks in breaking the big resistance at $42,000, but finally it overcame the heavy resistance zone.
Rohan Jethi · August 9, 2021 at 7:00 am UTC · 2 min read
Bitcoin, the largest cryptocurrency by market cap, finally broke above the crucial resistance of $42,000 while Ethereum prices jumped by almost 15% after the EIP-1559 update.
Bitcoin failed 3 times in the past few weeks in breaking the big resistance at $42,000, but finally, it overcame the heavy resistance zone.
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