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Bitcoin Price Eyes All-Time High

From dailyforex.com

Bitcoin price bounced back as the fear that the Iran and Israel crisis would escalate failed. The BTC/USD pair rose to 108,000, its highest point since June 12, and 5.45% higher than the weekend low of 102,485. Bitcoin’s surge coincided with the recovery of the US stock market and the decline in energy prices. The Dow Jones and Nasdaq 100 jumped by 345 and 287 points, respectively. Brent and West Texas Intermediate (WTI) dropped by over 1%. This price action happened as the recent fear concerning the Iran and Israel war subsided. Traders anticipate that the war will be limited to the two countries soon. The rebound ... (full story)

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  • Category: Technical Analysis