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The cryptocurrency markets were majorly trading higher in Monday's trade. Bitcoin (BTC) rose 0.65% to $30,688, whereas Ethereum (ETH) was above the $1,900 level.BTC volume stood at approximately $10.92 billion, rising 26.43% in the last 24 hours.

"Bitcoin began the new week trading above the US$30,700 mark but struggled to surpass the US$31,000 level, indicating a lack of urgency among bulls to secure profits at this time," Edul Patel, Co-founder, and CEO at Mudrex, said.

Other top crypto tokens were also trading higher. Polkadot, Polygon, and Avalanche rose by over 3%. Meanwhile, BNB, Dogecoin, and Litecoin also traded with gains. The global cryptocurrency market cap was trading higher, around $1.21 trillion, rising 1.10% in the last 24 hours.

The total volume in DeFi is currently 2.55 billion, 8.46% of the total crypto market 24-hour volume. The volume of all stablecoins is now $26.98 billion, which is 89.53% of the total crypto market 24-hour volume.

"Bitcoin is currently at $30,770, showing no clear dominance by bulls or bears in the broader market. To gain control, buyers need to push the price back to the $31,200 level, which could potentially lead to a break above the $31,458 resistance level," Sathvik Vishwanath, Co-Founder & CEO of Unocoin, said.

Crypto Cart: Quick Glance (Source: coinmarketcap.com, data as of 11.27 hours, IST on July 03, 2023)

Bitcoin $30,688 0.65%Ethereum $1,945 1.60%Tether $0.9999 -0.01%BNB $247 0.74%

(Note: Price chage in last 24 hours)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Crypto Price Today: Bitcoin holds above $30,600; Polkadot, Polygon rise over 3% - The Economic Times