SafePal, Bifrost and Request Network soar after Bitcoin price hits $59K

SafePal, Bifrost and Request Network soar after Bitcoin price hits $59K
© Reuters.

Bitcoin (BTC) started the new month in strength and Dec. 1\’s run up to $59,053 suggests that bulls are beginning to shake off the fears stirred up by the Federal Reserve\’s taper talks and the emergence of a new strain of COVID-19.

Altcoins also saw their prices lift off and early hopes of a potential \”Santa Claus rally\” are making the rounds on crypto Twitter (NYSE:TWTR).

Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro
VORTECS™ Score (green) vs. REQ price. Source: Cointelegraph Markets Pro
BFC/USDT 4-hour chart. Source: TradingView
VORTECS™ Score (green) vs. SFP price. Source: Cointelegraph Markets Pro

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