Market News / Story

Bitcoin nears 3-week low as oil heads higher on Iran strike woes

Bitcoin nears 3-week low as oil heads higher on Iran strike woes
Cointelegraph

Cointelegraph ·

Cointelegraph reports: Bitcoin (BTC) risked losing key support at $82,500 after Thursday’s Wall Street open as oil prices gained over concerns of US-Iran military action. Key points: Bitcoin returned to $81,000 for the first time since Sept. 21 amid fresh concerns about US-Iran military action. US 30-year bond yields set another multidecade high as a senior Fed official saw more interest-rate hikes coming. BTC price action increasingly suggested the loss of an important support level at…

VIEW SOURCE

Back to news