Bitcoin jumps following Trump saying he will postpone strikes on Iran

From sherwood.news

Bitcoin jumped 3.7% on Monday morning following President Trump’s comments about delaying strikes on Iran’s power plants and energy infrastructure, citing “constructive conversations.” Iran denied the talks, but that didn’t stop bitcoin from crossing $71,000, reversing an earlier downturn that saw the asset hit a two-week low of $67,000. Kyle Rodda, senior financial analyst at Capital.com, told Sherwood News that $60,000 remains the key support level in the short term, and to feel more confident in a reversal, we would need to see a really decisive break above $74,000, “which looks like a tall task right ... (full story)