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Thursday, January 30, 2025
More
    bitcoin
    Bitcoin (BTC) $ 105,236.20
    ethereum
    Ethereum (ETH) $ 3,183.95
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 676.68
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 3.11
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.331629
    cardano
    Cardano (ADA) $ 0.95738
    solana
    Solana (SOL) $ 239.86
    matic-network
    Polygon (MATIC) $ 0.403781
    polkadot
    Polkadot (DOT) $ 5.93
    tron
    TRON (TRX) $ 0.245001
    HomeFinanceWill $30,000 be a brand new stepping stone for Bitcoin bulls?

    Will $30,000 be a brand new stepping stone for Bitcoin bulls?

    After a failed rally above $31,000 on June 23 (BTC) has held the resistance at $30,300 for the previous three days. Curiously, this occurred as gold hit a three-month low, buying and selling at $1,910 on June 22, from a excessive of $2,050 in early Might.

    Traders at the moment are questioning how sturdy Bitcoin’s $30,000 help is. It’s subsequently important to investigate the causes of the current value enhance to know how merchants are positioning themselves within the BTC futures and margin markets.

    OKX stablecoin/BTC margin lending ratio. Supply: OKX
    Prime merchants of bitcoin exchanges long-short ratio. Supply: CoinGlass

    Proceed studying on Coin Telegraph

    See also  Ethereum loses floor amid the rise of Solana and Bitcoin
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