The world’s largest cryptocurrency by market cap rose 1.6 percent to $31,011, according to data from Coin Gecko. That’s just below its highest level in more than a year.
Meanwhile, Nexo co-founder Antoni Trenchev sees $32,000 as the next resistance level, after which Bitcoin could surge further. He noted that July is generally a good month for digital assets.
Antoni Trenchev said that it is easy to forget that after the FTX crash, Bitcoin suffered a lot at the beginning of the year, but in early July, we were up by more than 80%.