Bitcoin has been testing the $30,000 mark, as it traded between $27,500 and $28,900 over the weekend. The world’s largest cryptocurrency by market value was flat on Monday, while ether was down slightly. Simon Peters, an analyst at investment firm eToro, wrote in a morning note that as stock markets move back toward “bull territory,” the crypto market appears to be moving in a similar direction. “While bitcoin will continue to test the $30K line, we might need a stronger push to see it higher,” he wrote. “Important labor market updates from the U.S. are inbound this week which could influence prices in the short term.”
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