Bitcoin Rallies Above $71K —But Analysts Warn The Peace Is Only Temporary
Bitcoin climbed back above $71,000 after news of a conditional U.S.–Iran ceasefire tied to reopening the Strait of Hormuz.
Bitcoin bounced back and reclaimed $72k earlier today. At the moment of writing, BTC trades for the low $71ks on the daily chart. Source: BTCUSD on Tradingview.
Cover image from Perplexity. BTCUSD chart from Tradingview.
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