Crypto
Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally
Bitcoin fell around 1.7% on Monday as stocks pared early gains fueled by hopes of a diplomatic resolution to the US-Iran war.
Cointelegraph•
Bitcoin fell around 1.7% on Monday as stocks pared early gains fueled by hopes of a diplomatic resolution to the US-Iran war.
Bitcoin (BTC) returned below $77,000 after Monday’s Wall Street open as crypto shrugged off hopes of a US-Iran peace deal.
Data from TradingView showed BTC/USD extending daily losses to 1.7% after reaching a local high of $78,750 after Sunday’s weekly close.
Gold, meanwhile, held on to its 2% daily gains more tenaciously, rebounding past $3,950 per ounce after hitting 13-month lows of $3,891 on Friday.