Bitcoin Extends Recent Bout of Volatility in Climb Back Toward $30,000

  • Bitcoin’s 2023 rebound faces resistance at that price level
  • Token’s next halving could spur optimism, Mati Greenspan says
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Bitcoin pushed its way back toward $30,000, extending a recent period of turbulence around the closely watched round-number level.

The world’s largest digital currency rose as much as 5.2% on Thursday to trade at $29,883. Smaller tokens including Ether, Cardano and Avalanche made gains too, reflecting buoyant sentiment across the crypto market.