The largest cryptocurrency by market capitalization was recently trading at $29,477, up 0.9% over the past 24 hours, but still well off its high earlier this month of $31,800. BTC briefly dropped below $29,000 on Monday amid fresh concerns about, separately, Binance and the Chinese economy, but has been largely rangebound between $29,000 and $32,000 since mid June.
In an…