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Bitcoin and 'altcoins' keep their rebound amid market jitters

The rebound that took place on Monday in the cryptocurrency market, with Bitcoin clearly rebounding after touching six-month lows at $33,000, is still alive and well for the queen of digital currencies. Meanwhile, this optimism has ended up being transmitted to the 'altcoins'. Satoshi Nakamoto's creation left a high on January 24th above $37,000 and, more importantly, closed above $36,000. Now, experts expect it to consolidate around $35,000, while keeping their eye on the $30,000 barrier, vitally important support for the crypto asset.

24 Jan
Bitcoin and other cryptos extend their post-massacre lows ahead of Fed meeting

The cryptocurrency market fails to find stability on Monday, after the bloodbath that was unleashed on Bitcoin and other digital assets since last Friday, with a fall of more than 15% for the creation of Satoshi Nakamoto, which accumulates a correction of 50% since its all-time high of November 2021. The cryptocurrency par excellence extends its recent lows to $33,700, its worst change since the end of last July, while the figure of $30,000 is the destination that numerous experts predict for falls that are far from over.