Bitcoin's Resilience Shines Through Regulatory and Fed Concerns.

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Source: Barron's
Bitcoin's Resilience Shines Through Regulatory and Fed Concerns.
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TL;DR Summary

Bitcoin and other cryptocurrencies have risen after a volatile but buoyant week, with Bitcoin rising 1.5% over the past 24 hours to $28,100 and returning to the zone near $28,500, marking its highest level since last June. However, the lack of liquidity in markets over the weekend is likely to exacerbate price swings, posing a challenge for crypto traders. Analysts are eyeing the $30,000 level as key, where prices stood before the June selloff.

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