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Bitcoin Price Rises Ahead of Powell Statement
Bitcoin price retreated below $100,000 on Sunday and then bounced back as traders watched the developments in the Middle East. The BTC/USD pair rose from a low of 98,152 on Sunday to over 106,000. Bitcoin Rises Amid Geopolitical Tensions Bitcoin and other risky assets rose after Iran launched a retaliatory attack against a US base in Qatar. The Dow Jones Index rose by over 250 points, while the S&P 500 and the Nasdaq 100 rose by 42 and 160 points, respectively. At the same time, crude oil prices erased the gains made on Monday morning, with Brent falling to $71 and the West Texas Intermedite (WTI) crashing to $69. ... (full story)
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