It dropped to $29,760
The volatility of the main cryptocurrency remains at the highest level, which was confirmed by the last day.
24 hours ago, the price of bitcoin was about $30,000. By noon on July 6, the main cryptocurrency soared to $31,400, but already at 3:00 Moscow time on July 7, the rate dropped to $29,760, that is, by more than $1,600.
The bulls are trying to push bitcoin to consolidate above $31,000 and storm the $32,500 bar – many analysts argue that this should be the next big mark on bitcoin’s journey.
Bitcoin crashed by more than $1,600
While the bears are trying in every possible way to crush the rally and push bitcoin below $30,000.
As usual, bitcoin is dragging ether, which has fallen in price from 1960 to $1840, and other altcoins.
It is not yet clear when the very July Bitcoin rally, which almost all experts and analysts of the cryptocurrency industry are talking about, will begin.
