Bitcoin’s adventure above $32,000 was short-lived as the asset fell by a few thousand dollars and dipped below $30,000.
After weeks of being unable to overcome $30,000 decisively, bitcoin finally did so a few days ago when it spiked to a local peak of over $32,000.
In a matter of hours, BTC slumped by nearly $3,000 and dropped to just over $29,000.
As of now, the cryptocurrency has regained some traction and stands close to the coveted $30,000 line.
The altcoins followed BTC on its way up, but most have turned red today with substantial losses.
BNB is close to breaking below $300 following a similar price decline.