Wall Street sends BTC price to $30.8K as latest US dollar uptick fails
U.S. dollar strength is waning as traders hope for critical levels to break to exit Bitcoin’s “no trade zone.” Bitcoin (BTC) showed strength at the June 8 Wall Street open as impatient traders waited for a trend to emerge.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin still in “no trade zone” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD jumping to near $30,850 after the opening bell, helping claw back some of the ground lost in an overnight correction.Choppy trading conditions prevailed within a familiar range on the day, however, leading to both....
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