BTC briefly above $20,000 as U.S. markets reopen following Independence Day Holiday.
also surged, climbing over its $1,100 resistance level. Overall, the crypto market cap is trading 0.63% higher.On Tuesday, bitcoin rallied back above $20,000, as traders returned from the U.S. Independence Day celebrations./USD rose to an intraday peak of $20,405.12 earlier in the day.
However, these gains were not sustained, with prices since moving to a low of $19,438.48, as bulls likely liquidated their positions.As of writing, prices are now trading at $19,447.73, which is roughly around 1.13% lower than today’s high.Overall, volatility continues to be high, with bearish pressure remaining present, and bears likely looking to take price below $19,000 in upcoming sessions.
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