Bitcoin bulls attack $57,000 and altcoins rally as April comes to a close

Cointelegraph

Published Apr 30, 2021 05:29PM ET

Updated May 01, 2021 10:20AM ET

Bitcoin (BTC) and the overall cryptocurrency market sprang to life on April 30 as an uneventful close to this month's $4.2 billion options expiry occurred without any signs of controversy.

Data from Cointelegraph Markets and TradingView shows that after a brief dip below the $53,000 support level on April 29, the price of Bitcoin staged a 10% rally back above $57,400 by midday.

BTC/USDT 4-hour chart. Source: TradingView
IOTX/USDT 4-hour chart. Source: TradingView
VORTECS™ Score (green) vs. IOTX price. Source: Cointelegraph Markets Pro
VORTECS™ Score (green) vs. PRQ price. Source: Cointelegraph Markets Pro
Daily cryptocurrency market performance. Source: Coin360

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