-
Bitcoin Rally Reaches Exhaustion Levels
Bitcoin price retreated for the second consecutive day, as geopolitical risks continued rising. The BTC/USD pair dropped to 62,100, a few points below this week’s high of over 64,000. Bitcoin’s retreat coincided with the general decline of other assets like stocks and government bonds. In South Korea, the Kospi Index dropped into a bear market, while in the US, top indices like the Dow Jones and the Nasdaq 100 continued falling. The Dow Jones dropped by over 656 points. At the same time, the US Dollar Index (DXY) rose to $100.87, while the VIX Index rose to $17. This happened after President Trump announced that ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
TRUMP SAYS IRAN REACHED OUT SEEKING A NEW AGREEMENT
From cointelegraph.com | 5 hr ago
Bitcoin (BTC) saw intraday highs after Thursday’s Wall Street open as US stocks rebounded on fresh Iran peace hopes. Data from TradingView showed BTC/USD rising back above $63,000, up by nearly 1.5% on the day. US stocks were in the green across the board, helping to erase Wednesday’s downside as US President Donald Trump said that the Iran peace deal was ...
From fxempire.com | 20 hr ago
Bitcoin (BTC) has gone down by 3.5% in the past 24 hours after President Donald Trump announced that the U.S. will resume its attacks on Iran. The head of state even threatened to “hit them hard tonight” after weeks of a tense and relatively unproductive ceasefire. “I don’t want to deal with them anymore … as far as I’m concerned, it’s over,” Trump ...
