A broad hope for a US deal with Iran to end weeks of conflict has spurred investor confidence in riskier assets.
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Large Ether investors are back in profit, increasing the chances of a rally toward $3,000, but resistance at $2,800 may delay the recovery.
- Market Update
Bitcoin rallied above $74,000 after the Monday stock market close, but derivatives data show that some traders remain bearish.
- Price Analysis
Bitcoin and altcoin charts highlight growing strength across the industry. Will geopolitics and US economic health concerns stand in the way of the rally?
- Price Analysis
Bitcoin’s attempts to hold rallies above the $70,000 to $75,000 range continue as ETF demand limps along, US treasury yields rise and traders take profit as BTC price hits overhead resistance.
- Price Analysis
Bitcoin price data suggests BTC remains undervalued and that short positions opened above $70,000 face a high risk of liquidation.
- Markets News
Bitcoin rallied to $72,500 as US stocks reacted to US efforts to blockade the Strait of Hormuz. Despite the rebound, BTC traders warned that a price correction remains a risk.
- Markets News
Bitcoin preserved $70,000 at the weekly close as markets began reacting to a breakdown in US-Iran negotiations and blockade of the Strait of Hormuz.
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