Bitcoin tried its hand at taking down $31,000 once more but was stopped in its tracks, at least for now.
The altcoins have turned green today, with ETH nearing $1,900, BNB closing down to $250, and MATIC soaring by double digits.
BTC’s $31K Challenge
Bitcoin soared last Thursday to $31,500 to mark its highest price tag in over a year but failed there and quickly returned to approximately $30,000. Then came the weekend, and the asset calmed in a tight range between $30,000 and $30,500.
Not much happened on Monday, either. BTC was close to breaking below $30,000, but the bulls managed to defend that level and pushed the asset north.
As such, bitcoin went on the offensive early Tuesday and jumped to just over $31,000 for the third time within the past week or so.
As it happened with its previous attempts, though, this one wasn’t all that successful, and BTC retraced heavily by around a grand. As of now, the cryptocurrency trades at about $30,500, and its market cap has climbed above $

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