Bitcoin rose in early Monday morning trading in Asia to reclaim the US$30,000 support level, but later retreated. Ether moved higher to near US$1,900, while most other top 10 non-stablecoin cryptocurrencies logged gains. Cardano’s ADA token led the winners. In other markets, NFTs traded flat, while U.S. equity futures did the same. Bitcoin rose 1.33% over the 24 hours to US$30,059 as of 07:30 a.m. in Hong Kong, according to data from CoinMarketCap. Ether gained 1.73% to US$1,887. However, both tokens have yet to make up losses for the past seven days, with Bitcoin off 0.37% for the week, while Ether is sitting on a weekly loss of 1.73%.
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