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BTCUSD Dives Amid Iran Geopolitical Woes and Failed Technical Support

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin (BTCUSD) faces downward pressure as geopolitical tensions between the US and Iran escalate following the collapse of peace negotiations.
  • Despite steady US manufacturing data, Bitcoin failed to hold critical support levels, raising concerns of a retest of previous major lows as market uncertainty intensifies.
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76297.50 +13.88% over the displayed period

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