Bitcoin Headline Update May 31
Here are the top Bitcoin news headlines today:
“The recent selloff… from what we're hearing from investors, has not deterred them. If anything, they're looking at it opportunistically,”
As crypto investors move to bitcoin, Grayscale CEO shrugs off rough May
As crypto investors move to bitcoin, Grayscale CEO shrugs off rough May
"The world's biggest cryptocurrency by market value jumped 7.6% on Monday, registering its biggest single-day percentage rise since March 8."
Bitcoin Price Posts Biggest Daily Gain Since Early March, What Next?
Bitcoin is showing signs of life following last week’s recovery rally on Wall Street. While charts point to a continued bounce in the cryptocurrency, macro factors suggest it may be too early to rule out a renewed drop under $30,000.
Omkar Godbole
"The cryptocurrency is experiencing a relief bounce after several weeks of oversold readings on the charts. Still, resistance at $33,000 and $35,000 could stall the upswing in price."
Bitcoin Relief Bounce Faces Resistance at $33K-$35K
Bitcoin (BTC) buyers are reacting to oversold conditions, which could stabilize price action and delay additional breakdowns. Short-term momentum is improving.
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