Bitcoin’s selloff accelerated Monday, pushing it closer to US$30,000 once again.
The world’s largest digital coin, down as much as 3.3 per cent at one point during the session, continues to ebb closer to the pivotal round-number level, trading around US$30,628 as of 9:41 a.m. in New York. Chartists are watching to see if it breaks below that support, which could exacerbate its decline and set it up for its lowest close since the start of the year.
The retreat comes amid a broader…
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