Bitcoin (BTC) price is trading above $77,000 on Monday, sustaining monthly gains of over 20% so far. The technical outlook for Bitcoin is bullish as the price holds above a crucial retracement support level at $76,706 amid broader market risk-on sentiment. Decentralized Exchange (DEX) tokens, Uniswap (UNI) and PancakeSwap (CAKE), emerge as top performers over the last 24 hours, eyeing further gains.
CoinMarketCap’s Fear and Greed Index is down to 73 from 82 last week, suggesting that the crypto market is stepping off the edge amid higher Fed rate concerns.
Bitcoin holds at key support as momentum wanes
Bitcoin trades at $77,730 on Monday, maintaining a clear bullish bias as the price holds above…
