Bitcoin price ignores $168M Strategy buy, and falls as Iran tensions escalate

• Bitcoin price ignores $168M Strategy buy, and falls as Iran tensions escalate BTC price fell below the key $70,000 level as tensions between the US and Iran ramped up and a broad risk-asset sell-off liquidated late BTC long positions. • Cointelegraph in your social feed Bitcoin (BTC) dipped below $67,000 at Tuesday’s Wall Street open as risk assets responded to new geopolitical pressures. • Key points: Bitcoin joins stocks in a geopolitics-driven sell-off to the start the US TradFi trading week. • Bitcoin joins stocks in a geopolitics-driven sell-off to the start the US TradFi trading week. • Bid liquidity gets crunched with the BTC price range still firmly in place. • Bid liquidity gets crunched with the BTC price range still firmly in place.

Article Summaries:

• Bitcoin (BTC) dipped below $67,000 at Tuesday’s Wall Street open as risk assets responded to new geopolitical pressures. Key points: Bitcoin joins stocks in a geopolitics-driven sell-off to the start the US TradFi trading week. Bid liquidity gets crunched with the BTC price range still firmly in place. Strategy adding to its BTC stack failed to offer any relief for Bitcoin bulls. Tension in Iran keeps Bitcoin under pressure Data from TradingView showed daily BTC price losses of more than 3.8% on Bitstamp. Bitcoin and altcoins joined US stocks in a sell-off to start the week’s first US trading

Sources:

• https://cointelegraph.com/news/bitcoin-price-ignores-dollar168m-strategy-buy-and-falls-as-iran-tensions-escalate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound