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Bitcoin begins a new week reaching over $ 31K

“Bitcoin broke above $ 30,000, but it must maintain the $ 29,300 level in a retest to propose a continuation to the upside,” said Marcus Sotiriou, analyst at digital asset broker GlobalBlock in a note Monday. “Relief has come in a timely manner in the crypto market, as the US stock market already rose last week, following Jerome Powell’s speech which clarified the market’s plans to make a soft economic landing.”