BTC nears $31,000 ahead of US retail sales data, as ETH hits highest point since last May.
/USD raced to a peak of $30,848.46 earlier in today’s session, a day after trading at a low of $30,160.59.
The move has resulted in bitcoin hitting its strongest point since June 7, when it hit a peak of $31,549.Overall, this recent surge in momentum has sent the relative strength index deep into overbought territory. At the time of writing, the index is tracking at 72.18, which is marginally higher than a peak at 72.will be trading beyond $31,000.
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