The cryptocurrency market is advancing this trading week, and this situation also supports the price of Tezos, Waves, and UMA. Bitcoin continued its surge and reached a new all-time high above $57,000, which helped this cryptocurrency to the sixth most valuable global asset by market cap.
Bitcoin has found strong support above the $50000 level, and for now, everything indicates that the price could reach $60000 very soon. The cryptocurrency market continues to attract institutional funds, but the Federal Reserve Bank of Boston remains unimpressed with the digital asset.
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