Bitcoin starts a new week by hitting over $31,000

“Bitcoin broke above $30,000, but needs to hold the $29,300 level on a retest to suggest further upside,” Marcus Sotiriou, an analyst at digital asset broker GlobalBlock, said Monday. “Relief was long overdue in the crypto market, as the US stock market already rallied last week, following Jerome Powell’s speech which clarified the market on his plans for a soft economic landing. “

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