#CryptoRoundTableRemarks Bitcoin Eyes $105K as Coinbase Surges 24%; Rally Has More Room, Says Analyst.
Bitcoin came within a few dollars of the $105,000 level. Ethereum's ETH led crypto gains with a 9% advance to $2,700.
Crypto is benefitting from rising institutional interest and mainstream adoption, highlighted by Coinbase being included in the broad-market S&P 500 index, LMAX Group market strategist Joel Kruger said. Institutional flows will be selective of altcoins, Wincent's Paul Howard said.
BTC faces resistance at $106,000, so consolidation is likely before next leg higher, Bitfinex analysts said.