Bitcoin falls below $ 31,000
The cryptocurrency stood at $ 30,630 this Monday morning, a day after its lowest close since December 2020.
The most popular cryptocurrency in the world, bitcoin, presented a drop in its price on Monday morning that placed it at $ 30,630.
This marker shows the sensitivity of the market at the moment, which shows a general trend of digital assets to the downside.
Traders had widely predicted a bearish move after bitcoin failed to hold on to higher support levels, with the integrity of the $ 30,000 itself in doubt.
Major exchange Binance was showing considerable demand hovering at $ 27,000 and up, reducing the likelihood of a deeper dive beyond that zone.
K. Tovar
Source: Cointelegraph
