xxBitcoin’s 2023 rebound has stalled around the closely watched $30,000 level, hampered by the latest US crypto crackdown and a more sober assessment of the outlook for Federal Reserve monetary policy.
The largest token edged up less than 2% to $29,941 as of 7:176 a.m. Tuesday in New York, after sinking 3% a day earlier in its worst drop since March 9. Ether and an index of the top 100 digital assets also posted small gains.