Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at $29,809 with a slight decline in the last 24-hours. At one point during the day, BTC fell dangerously to a one-month low of around $29,500 earlier this week. After more than five weeks of spike following multiple spot bitcoin ETF filings, bitcoin has been unable to escape the $30,000 to $31,000 range — at least for long.











