Bitcoin

Crypto Bulls Lose $310M as Bitcoin Falls to $61,481 on Middle East Escalation

A sudden escalation in U.S.-Iran tensions and military exchanges halted bitcoin’s July rally, triggering a 3.5% drop below $62,000. Geopolitical Tensions Halt Bitcoin Uptrend Bitcoin’s July uptrend came to a screeching halt Wednesday, tumbling below $62,000 as escalating Middle East tensions sparked fears that the shaky U.S.-Iran ceasefire had unraveled. Market data shows bitcoin nosedived…

Bitcoin daily chartA sudden escalation in U.S.-Iran tensions and military exchanges halted bitcoin’s July rally, triggering a 3.5% drop below $62,000. Geopolitical Tensions Halt Bitcoin Uptrend Bitcoin’s July uptrend came to a screeching halt Wednesday, tumbling below $62,000 as escalating Middle East tensions sparked fears that the shaky U.S.-Iran ceasefire had unraveled. Market data shows bitcoin nosedived […]

Source: https://news.bitcoin.com/crypto-bulls-lose-310m-as-bitcoin-falls-to-61481-on-middle-east-escalation/