Bitcoin Reclaims $30,000 Level as Crypto Market Turns Green

After a tumultuous month for the crypto markets, Bitcoin (BTC) was poised to extend its losing streak to a record nine weeks. However, that scenario has been narrowly avoided after the leading cryptocurrency jumped in the late hours on Sunday to hit a seven-day high of $30,723.

Though a modest correction brought Bitcoin down to $30,594 by press time, it is still up 5.5% on the last day, according to CoinMarketCap.

Despite the latest positive sentiment, data from Coinglass shows that Bitcoin…


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