Bitcoin price rose slightly and crossed the important resistance of $65,000 as traders embraced a risk-on sentiment after the weak US inflation report. The BTC/USD pair was trading at $64,920 on Thursday, up by 12% from its lowest point in June. Risk-On Sentiment Despite US-Iran War Bitcoin and other risky assets jumped as investors ignored the ongoing Iran-US war that has pushed crude oil prices higher. Brent, the global benchmark, jumped to $85, up by 20% from its lowest level this month. There is a risk that the war will continue in the coming weeks as the path out of the current situation appears narrow. As a ... (full story)