Bitcoin holds above $21,300 as the crypto market cap nears $1 trillion

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

Data from TradingView shows that Bitcoin’s price continued on its upward trend that began last week, albeit at a slower pace, hitting an intraday high of $21,605 before pulling back to support near $21,300, where it now trades.The continued uptrend for Bitcoin has pushed the top crypto to a four-month high, according to Kitco senior technical analyst Jim Wyckoff.

“This has caused a short squeeze and subsequent strength in BTC, resulting in a recovery to pre-November price levels and pushing the RSI to multi-year highs, a potent signal of changing momentum,” the analysts wrote.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

E-commerce company Lightspeed cutting about 300 jobsLightspeed Commerce Inc. is cutting about 300 jobs.
Source: CP24 - 🏆 30. / 67 Read more »

E-commerce company Lightspeed cutting about 300 jobs | Globalnews.caThe e-commerce company says the move represents about 10 per cent of its head count-related operating expenditures, with half of the cost reduction coming from management.
Source: GlobalNational - 🏆 81. / 51 Read more »