Bitcoin and Ethereum Move Higher, LUNA and GMT Rally

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Bitcoin and Ethereum Move Higher, LUNA and GMT Rally

 
After bitcoin extended losses below the USD 38,800 level, the bulls appeared near the USD 38,500 zone. BTC is currently (04:10 UTC) recovering near USD 41,700 and is up 2% in a day and almost 3% in a week.
Similarly, most major altcoins are also recovering. ETH neared USD 3,040 and is now up almost 2% in a day and a week. XRP could face hurdles near USD 0.80. ADA is approaching the USD 0.95 resistance zone.
Total market capitalization…
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