Bitcoin [BTC] holders should know this before exiting their position
With Bitcoin [BTC] rising above the $30K level at the beginning of June, HODLers may see this as a time to rejoice. However, at press time, BTC was trading below the $30K level and stood at $29,648 down by 2.6% in the last 24 hours.
BTC slipping below the $30k level may be a scary sight, especially after May, but the token has been showing some sort of improvements in its trajectory of late. As per data from CoinGecko, the token was up by 3.7% considering its performance in the last seven days. Furthermore, according to a tweet put out by the crypto education platform, Bitcoin Expert India, Bitcoin’s dominance, at press time, stood at 47% of the total cryptocurrency market.
With an overall improvement in the cryptocurrency market, the king coin has shown signs of positive recovery. But, the bulls don’t seem to be in full control yet.
As per a tweet put out by Santiment, Bitcoin, on 3 June, witnessed massive trading volume in the last seven days and had the second-largest total trading volume since the token’s all-time high.
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