Bitcoin’s price on Tuesday bounced back and was trading over the $40,000-mark.
BTC’s support stands at US$37,000, while resistance holds at US$45,000, which shows the signs of bullish activity due to oversold conditions,” Edul Patel, CEO and Co-founder of Mudrex, said.
“On the other hand, Terra has become the third-largest stablecoin gaining almost 14 per cent over the past day.