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MARKET WATCH EARLY 05JULY: BTC Returns Above USD 20K, ETH Rallies, CEL and GMT Keep Outperforming

Bitcoin price remained well bid above the USD 18,800 support zone and started a fresh recovery wave above the USD 20,000 resistance zone. It is currently (05:49 UTC) trading near USD 20,332 and is up 6% in a day and down 2% in a week. Similarly, most major altcoins gained pace and recovered some losses. ETH is up over 9% and is testing the USD 1,150 resistance. XRP is still stuck near the USD 0.325 zone. ADA is moving higher above the USD 0.45 level.

CRYPTO NEWS 02JULY: What If Bitcoin Price Drops Below $19K? What Is The Possible Scenario?

On July 1, El Salvador’s president, Nayib Bukele, stated that his government has decided to add 80 Bitcoin [BTC] to its financial statements. He further mentioned that the acquisition was done for $19,000 per BTC, which he termed as the lowest. Several other cryptocurrency supporters believe that the flagship currency is cheap at the moment. MicroStrategy is one of those, and the company just revealed the acquisition of 480 BTC worth almost $10 million.

MARKET WATCH EARLY 01JULY: Bitcoin and Ethereum Trim Gains After Strong Jump, AR and AMP are the best performers.

Bitcoin tested the USD 18,800 support zone, where the bulls emerged and pushed the price above USD 20,500 before going lower again. BTC is currently (05:45 UTC) trading near USD 20,000 and is still down 3% in a day and almost 5% in a week. Similarly, most major altcoins recovered losses but are also trimming their gains. ETH tested the USD 1,000 zone and climbed above USD 1,080 before dropping again. XRP recovered and climbed above the key USD 0.32 level. ADA is moving lower toward the USD 0.45 level again.

MARKET WATCH EARLY 30JUNE: Bitcoin and Ethereum at Make-or-Break Levels, DOGE Outperforms

Bitcoin price followed a bearish path below the USD 21,000 level. BTC extended losses and settled below the USD 20,500 level. It is currently (05: 45 UTC) consolidating near USD 19,994 and is down 1% in a day and is almost unchanged in a week. Similarly, most major altcoins are trading in a bearish zone. ETH traded below the USD 1,120 and USD 1,100 support levels. XRP tested the key USD 0.32 support. ADA also tested the key USD 0.455 support zone.

MARKET WATCH EARLY 29JUNE: Bitcoin Nears USD 20K, Ethereum Keeps Trimming Weekly Gains, Most Altcoins in Red

Bitcoin price failed to start a stronger increase above the USD 21,200 level, started another decline, and traded below USD 21,000. It is currently (04:07 UTC) trading near USD 20,300 and is down 2% in a day and a week. Similarly, most major altcoins are showing signs of more losses. ETH is struggling to stay above USD 1,150. XRP is now moving lower towards USD 0.32. ADA could dive towards the USD 0.455 support zone.

MARKET WATCH EARLY 28JUNE: Bitcoin and Ethereum Trim Gains, XTZ and CHZ are the best performers today?

Bitcoin price failed to extend gains above the USD 21,500 level and traded below USD 21,000. It is currently (04:12 UTC) trading near USD 20,700 and is down over 2% in a day and is almost unchanged in a week. Similarly, most major altcoins are also moving lower. ETH traded below the USD 1,200 support zone. XRP struggled and declined below USD 0.350, while ADA is testing USD 0.48.

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