{"id":27792,"date":"2023-06-26T17:50:25","date_gmt":"2023-06-26T21:50:25","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/bitcoin-prices-hold-above-30000-watch-these-levels\/"},"modified":"2023-06-26T17:50:26","modified_gmt":"2023-06-26T21:50:26","slug":"bitcoin-prices-hold-above-30000-watch-these-levels","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=27792","title":{"rendered":"Bitcoin Prices Hold Above $30,000. Watch These Levels."},"content":{"rendered":"
\n
<\/p>\n
<\/p>\n
<\/div>\n<\/figure><\/div>\n

\n Bitcoin
\n and other cryptocurrencies were falling Monday as traders took stock after last week\u2019s rally in the sector.\u00a0<\/p>\n

\n Bitcoin
\n has fallen 1.2% to $30,392 over the last 24 hours. The largest cryptocurrency showed a muted reaction in trading over the weekend to events in Russia, holding above $30,000 after hitting a 12-month high on Friday.\u00a0<\/p>\n

\n

Cryptocurrency prices look likely to continue to be dictated in the immediate future by regulatory prospects for the sector in the U.S. with the Securities and Exchange Commission evaluating applications for the first exchange-traded funds to own Bitcoin.\u00a0<\/p>\n

\u201cFrom a technical point of view \u2026\u00a0the large $25,000-$31,000 range is now under pressure,\u201d wrote Javier Molina, a market analyst at eToro, in a research note. \u201cIf $31,000 is exceeded, the immediate bullish target is at $36,000 \u2026 . If it can\u2019t break that resistance, $28,000 first and then $26,500 are the supports to watch.\u201d\u00a0<\/p>\n

Beyond Bitcoin,
\n Ether
\n \u2014the second-largest crypto\u2014was down 1.2% to $1,893. Smaller cryptos , or altcoins, also were falling, with
\n Cardano
\n down 3.2% and
\n Polygon
\n falling 2.2%.
\n Dogecoin
\n dropped 2.4%.\u00a0<\/p>\n

Write to Adam Clark at adam.clark@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin and other cryptocurrencies were falling Monday as traders took stock after last week\u2019s rally in the sector.\u00a0 Bitcoin has fallen 1.2% to $30,392 over the last 24 hours. The largest cryptocurrency showed a muted reaction in trading over the weekend to events in Russia, holding above $30,000 after hitting a 12-month high on Friday.\u00a0 […]<\/p>\n","protected":false},"author":1,"featured_media":27793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-27792","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nBitcoin Prices Hold Above $30,000. 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