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Bitcoin tried to overcome the $30,000 level

  • The first cryptocurrency rose to the $30,000 level but failed to hold its ground.
  • At the time of writing, the total market capitalization is $1.18 trillion.

On the night of August 9, the price of bitcoin tested the $30,000 mark before correcting. At the time of writing, the first cryptocurrency is trading around $29,700, according to CoinMarketCap.

Hourly chart of BTC/USDT on the Binance exchange. Data: TradingView.

Bitcoin is up nearly 2% overnight, CoinGecko data shows. Among the top 10 assets by capitalization, Solana (+5.5%) showed the biggest growth in 24 hours.

The Fear and Greed Index is in the neutral zone.

Data: alternative.me.

According to CoinMarketCap, the total market capitalization at the time of writing is $1.18 trillion.

Remember, in early August, the bitcoin price fell below $29,000.

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