Treasury Spike, Inflation Risk, Iran War Contagion Pin Bitcoin Price
Bitcoin’s hold on $70,000 slips as rising treasury yields, inflation concerns and the risk of a prolonged war in Iran discourage investors.
Bitcoin’s hold on $70,000 slips as rising treasury yields, inflation concerns and the risk of a prolonged war in Iran discourage investors.
Bitcoin traders cut their leveraged positions and shifted into stablecoins after macroeconomic and US inflation-based concerns pushed markets into a defensive stance.
Bitcoin and stock markets rallied after President Trump delayed military action in Iran, but BTC futures data shows traders are afraid to open bullish positions.
Bitcoin’s odds of holding above $70,000 waver as spot BTC ETF outflows and sharp selling from US equities place the current crypto market recovery in peril.
Bitcoin bulls attempt to establish support at $70,000 but rising concerns over the health of the US economy and inflation could chip away at the key price level.
Bitcoin and altcoins are nearly 20% up from their February sell-off lows. Are bulls taking control of the crypto market?
Charts suggest Bitcoin may remain range-bound, with $74,000 being the toughest resistance to overcome. Will altcoins drop their recent gains or continue to find buyers?
Analysts believe that Bitcoin might witness strong moves, causing another round of forced liquidations.
Bitcoin and several major altcoins sold off right at their overhead resistance levels, indicating that the bears remain sellers on rallies.
War in the Middle East, rising energy risks, and global markets on edge. In this interview, Arthur Hayes explains how a prolonged conflict could impact inflation, liquidity, and crypto.
Bitcoin’s abrupt rally to $74,000 caught the bears completely off guard, a feature shown in the technical charts of BTC and large-cap altcoins.
Markets turned green on Monday, and technical charts hint that a break above longer-term overhead resistance levels could kickstart a strong bull trend.
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