By admin Bitcoin is currently trading above the 70,000 dollar mark while escalating tensions in the Middle East unsettle global markets, and the leading cryptocurrency is demonstrating notable resilience relative to many traditional assets. Although BTC initially sold off following news of Iran related conflict, it has since rebounded to establish a rising support floor […]
Tag: Iran
By Jordan Lyanchev Bitcoin failed at over $71,000 once again yesterday after the latest volatile session prompted by the developments in the Middle East, and now struggles below $70,000. Most larger-cap alts have posted minor gains on a daily scale. ETH has managed to defend the $2,000 level, while HYPE has jumped to $37 after […]
By Wayne Jones Fundstrat’s Tom Lee has said that Bitcoin passed a major test after it rallied over the weekend while oil prices surged due to the ongoing conflict in the Middle East. According to him, the price action was a sign that the massive deleveraging from last October is finally behind the market, allowing […]