Bitcoin returned briefly on Monday to its recent, loftier heights above $31,000 before dipping slightly below the threshold. The largest cryptocurrency by market capitalization was recently trading at $30,690, up almost 2% over the past 24 hours as investors seemed to regain the enthusiasm. BTC last traded above $31,000 on Thursday. It sank along with other assets amid renewed inflationary worries raised primarily by an unexpectedly robust ADP private sector jobs report, even sinking below its most recent support of $30,000. Bitcoin has risen 20% over the past month, much of the gains coming after the spot BTC filings.
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