Bitcoin Surpasses $30,000: 10-Month Comeback After Falling Under!

Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its steady gains as investors raised bets that the U.S. economy may be slowing. This marks a significant milestone after a period of uncertainty and volatility.

Bitcoin has surged past $30,000. The largest cryptocurrency is up over 7% in 24 hours and it’s bringing the rest of the digital asset market with it. CoinGecko data shows strong positive momentum across the board.

BTC has recaptured the $30,000 mark! Bitcoin has finally breached the psychological 30 000 level. This feat has been achieved by the king-crypto for the first time since June 2025.

Bitcoin's breakout above stiff resistance at $30,000 comes after a so-called squeeze of the Bollinger Band, which saw historical volatility fall to the lowest since January. This suggests a potential period of sustained upward movement.

Under the influence of an inverted bullish pattern, the BTC price breached the $30,000 psychological barrier on March 16th. This breakout signals a completion of the bullish trend that has been building in recent weeks.

While the ascent is cause for celebration, it's important to remember recent volatility. Bitcoin has fallen below $30,000 for the first time in almost a month. Tuesday’s painful 24-hour losses of 5.4% have contributed to a seven-day decline of 10.5% and as is normally the case, the market remains susceptible to corrections.