Bitcoin at $30K Heading for First Green Week After 9 in Red (Market Watch)

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Bitcoin is on the verge of marking its first weekly green candle in roughly two months, thus breaking its longest negative streak.

it and registered its 9th last week. Within this timeframe, the asset lost roughly $20,000 of its value and dumped to a year-and-a-half low.

BTC closed last week at $29,250 , at which point it bounced off and even jumped to over $32,000 days ago. However, it failed there and has returned below $30,000 as of now. Nevertheless, it’s still several hundred dollars above $29,250, meaning that it’s on the verge of breaking the negative streak. Sitting close to $30,000 now means that BTC’s market cap is still around $565 billion, while its dominance over the alts is above 46%.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

 

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