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Bitcoin soars past $31K while Ethereum approaches 2K as crypto market rallies on Monday

The crypto market’s rally on Monday appears to be driven by global investors as crypto prices rose alongside European and Asian equity markets.

Image by Gerd Altmann from Pixabay

Tue, 31 May 2022, 12:21 pm UTC

After failing to rally last week alongside tech stocks, the crypto market has finally followed equities on Monday with most tokens posting gains in the past 24 hours. For instance, Bitcoin (BTC), the world’s largest crypto by market capitalization, was finally able to move past the $30,000 barrier and even managed to climb past $31,000.

On Monday, Bitcoin rose by almost 7 percent and moved past the $31,000 mark. The crypto was able to stabilize at that price level and traded at $31,650.94 at the time of writing, based on data from Coinmarketcap.com.

The crypto market’s rally on Monday appears to be driven by global investors as crypto prices rose alongside European and Asian equity markets, according to Coindesk. U.S. markets were closed on Monday due to the observance of the Memorial Day holiday.

“Bitcoin broke above $30,000, but it needs to hold the $29,300 level on a retest to suggest continuation to the upside,” said Marcus Sotiriou, an analyst at the digital asset broker GlobalBlock. “Relief has been long overdue in the crypto market, as the U.S. stock market already rallied last week, after Jerome Powell’s speech that gave the market clarity on their plans to carry out a soft economic landing.”

Ether (ETH), the second-largest crypto by market cap, also posted gains on Monday. Initially, the crypto rose by over 8 percent to around $1,940. At the time of writing, ETH rose even higher and traded at $1,979.80 based on Coinmarketcap.com data.

Monday’s crypto rally comes after major Chinese cities started to ease Covid-19 restrictions after months of lockdowns. Investors and trader are betting that the reopening could spike consumer spending, which could translate to increased revenue in the coming weeks for companies in the region.

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  • 2022.05.31 16:23:48
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I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Cyber hackers send them the atm blank card and use it to collect money in any atm machine and become rich.([email protected]) I email them also and they sent me the blank atm card. I have use it to get 250,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.

You can also contact them for the service below

* Western Union/MoneyGram Transfer Hack

* Bank Transfer Hack

* PayPal / Skrill Transfer Hack

* Crypto Mining Hack

* CashApp Transfer Hack

Email: [email protected]

Text & Call or WhatsApp: +18033921735

Visit: https://darkwebcycberhackers.com
  • 0
  • ·
  • 0
  • Heatherwalterz
  • 2022.05.31 16:23:48
GET RICH WITH BLANK ATM CARD ... Whatsapp: +18033921735

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Cyber hackers send them the atm blank card and use it to collect money in any atm machine and become rich.([email protected]) I email them also and they sent me the blank atm card. I have use it to get 250,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.

You can also contact them for the service below

* Western Union/MoneyGram Transfer Hack

* Bank Transfer Hack

* PayPal / Skrill Transfer Hack

* Crypto Mining Hack

* CashApp Transfer Hack

Email: [email protected]

Text & Call or WhatsApp: +18033921735

Visit: https://darkwebcycberhackers.com
  • 0
  • ·
  • 0
  • Heatherwalterz
  • 2022.05.31 16:23:47
GET RICH WITH BLANK ATM CARD ... Whatsapp: +18033921735

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Cyber hackers send them the atm blank card and use it to collect money in any atm machine and become rich.([email protected]MAIL.COM) I email them also and they sent me the blank atm card. I have use it to get 250,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.

You can also contact them for the service below

* Western Union/MoneyGram Transfer Hack

* Bank Transfer Hack

* PayPal / Skrill Transfer Hack

* Crypto Mining Hack

* CashApp Transfer Hack

Email: [email protected]

Text & Call or WhatsApp: +18033921735

Visit: https://darkwebcycberhackers.com
  • 0
  • ·
  • 0
  • Heatherwalterz
  • 2022.05.31 16:23:46
GET RICH WITH BLANK ATM CARD ... Whatsapp: +18033921735

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Cyber hackers send them the atm blank card and use it to collect money in any atm machine and become rich.([email protected]) I email them also and they sent me the blank atm card. I have use it to get 250,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.

You can also contact them for the service below

* Western Union/MoneyGram Transfer Hack

* Bank Transfer Hack

* PayPal / Skrill Transfer Hack

* Crypto Mining Hack

* CashApp Transfer Hack

Email: [email protected]

Text & Call or WhatsApp: +18033921735

Visit: https://darkwebcycberhackers.com
  • 0
  • ·
  • 0
  • Heatherwalterz
  • 2022.05.31 16:23:46
GET RICH WITH BLANK ATM CARD ... Whatsapp: +18033921735

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Cyber hackers send them the atm blank card and use it to collect money in any atm machine and become rich.([email protected]) I email them also and they sent me the blank atm card. I have use it to get 250,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.

You can also contact them for the service below

* Western Union/MoneyGram Transfer Hack

* Bank Transfer Hack

* PayPal / Skrill Transfer Hack

* Crypto Mining Hack

* CashApp Transfer Hack

Email: [email protected]

Text & Call or WhatsApp: +18033921735

Visit: https://darkwebcycberhackers.com
  • 0
  • ·
  • 0
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