The end of the first week in June brought more pain to global financial markets as the tech-heavy Nasdaq composite closed the day on June 3 down 2.3%, while the S&P 500 shed 1.4% of its value.
The cryptocurrency market hasn’t faired any better and data from Cointelegraph Markets Pro and TradingView shows that an early morning attempt to push Bitcoin (BTC) above $30,000 was hit with a wave of selling that dropped it to a daily low of $29,286.
BTC/USDT 1-day chart. Source: TradingView
BTC/USD 4-hour chart. Source: Twitter (NYSE:TWTR)
BTC/USDT 4-hour chart. Source: Twitter
BTC/USD 1-day chart. Source: Twitter