Bitcoin, Ethereum Prices Rise Amid Bullish Divergence

Bitcoin has traded near $64,869 over the past day, up 1.54%, while Ethereum climbed to $1,921, a 1.21% increase.

The total crypto market capitalization is at $2.21 trillion, up 1.35% in the same period.

Bitcoin's weekly chart shows a bullish divergence that has been consistent across multiple weekly candle closes, analysts note.

This divergence is similar to one seen near the end of the 2022 bear market and could play out over coming months rather than days.