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Coinpedia 2023-08-09 08:34:04

Bitcoin Reclaims $30k Mark, Altcoins Show Signs of Rebound Amidst Banking Sector Struggles

The post Bitcoin Reclaims $30k Mark, Altcoins Show Signs of Rebound Amidst Banking Sector Struggles appeared first on Coinpedia Fintech News Late Tuesday, fears of a further decline in Bitcoin and altcoin prices subsided as Bitcoin briefly rallied above the $30k threshold. After weeks of consolidation around $29k since July 24, Bitcoin bulls flexed their muscle, leading to a surge that liquidated over $36 million from short traders within 24 hours. This renewed vigor in the …

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