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Bitcoin faces key support test at $78.3K as US crude oil hits three-month high

Bitcoin fell with US stocks on the opening of Tuesday’s Wall Street trading session as analysis warns that BTC price support at $78,300 must hold.

Cointelegraph

Bitcoin fell with US stocks on the opening of Tuesday’s Wall Street trading session as analysis warns that BTC price support at $78,300 must hold.

Bitcoin (BTC) dipped below $78,000 at Tuesday’s Wall Street open as risk assets fell on renewed Middle East tensions.

Data from TradingView showed BTC/USD dropping as low as $77,600 before a modest rebound, its lowest levels since Sept. 3.

In a Truth Social post on Monday, US president Donald Trump downplayed the oil spike, pledging lower prices in the future.