Ethereum returned above $1,700 in the Thursday session, as the long-awaited date of “consolidation” was finally confirmed. A blog from the Ethereum Foundation stated that the event will start on September 6, and complete between September 10-20. Bitcoin also moved marginally higher, continuing to approach $22,000.
Bitcoin (BTC) surged higher on Thursday, as the coin continued to rebound after a recent downtrend.
The world's largest cryptocurrency jumped to $21,789.64 today, breaking through a major resistance level in the process.
The resistance level at $21,600 has mostly held despite numerous breakout attempts this week. Bitcoin and Ethereum Technical Analysis: ETH is back above $1,700 as 'consolidation' date confirmed
