Bitcoin moved back above the $31,000 level on July 4th, as U.S. traders celebrated the Independence Day holiday. As a result of the rally, the cryptocurrency remained near a one-year high in today’s session. Ethereum consolidated after Monday’s gains. Bitcoin Bitcoin ( BTC ) moved closer to a fresh one-year high on Tuesday, as U.S. markets closed in celebration of the July 4th holiday. Following a low of $30,586.51 to start the week, BTC /USD raced to an intraday peak of $31,375.61 earlier in the session. The move saw bitcoin edge closer to last Friday’s high at $31,443, which was its strongest point since June last year. Earlier momentum has since faded, as the relative strength index (RSI) collided with a resistance level at 70.00. The index is now tracking at 68.43 and appears to be heading for a support point at the 66.00 mark. Should it reach this point, there is a strong possibility that bitcoin will be trading around the $30,500 level. Ethereum After moving towards $2,
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