Bitcoin stalling around $30,000

Hanno Labuschagne

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Bitcoin stalling around $30,000

After reaching a fresh high for the year earlier this month, Bitcoin has market observers questioning whether the momentum is sustainable with prices again trading in a very narrow range.

The largest cryptocurrency has been stuck between $29,500 and $31,500 after a nine-day, 27% surge in June.

[Bloomberg]
 
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