After sideways trading for most of last week and a small bull run on Monday, Bitcoin’s price is back down to the $23k range, testing support. The global cryptocurrency market cap is down 3.5% but remains above $1.1 trillion. In addition, Bitcoin’s trading volume continues to increase, up 11% in the past 24 hours, signaling a healthy market with plenty of momentum for its next move. Key Points: Bitcoin returns from the $24k levels to the $23k range. Coinbase’s stock soars after the BlackRock partnership announcement. Iran placed crypto-funded import order worth $10 million after amending legislation to allow locally
The post Bitcoin Testing Support at $23.2K, Trading Volume Remains High appeared first on The Merkle News.
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