Bullish indeed The largest cryptocurrency rose above its 50-day moving average on Saturday for the first time since May 12. It rose again Sunday, its fifth consecutive day of gains, to as high as $34,609.

Bitcoin Hits Key Level Not Seen Since May Amid Wood, Musk Boost

Bitcoin traded above a crucial technical level over the weekend for the first time since early May,
Bitcoin Hits Key Level Not Seen Since May Amid Wood, Musk Boost

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