ETH rallies above $1,800 for the first time since last August, BTC nears $28,000.
/USD jumped to an intraday high of $27,787.81 earlier in the day, which comes after falling to a low of $26,209.29 on Friday.
As a result of the move, bitcoin climbed a fresh nine-month high, which is its strongest point since June 2022.Looking at the chart, the surge took place as the 10-day moving average crossed its 25-day counterpart. In addition to this, the 14-day relative strength index continues to gain traction, moving deeper into overbought territory.
At the time of writing, the index is tracking at 72.53, which is the strongest reading for the index since February 2.
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