Bitcoin News

Bitcoin Price Surges Back Above $71,000: Key Reasons Explained

1 minute ago

Bitcoin climbed back above $71,000 on Wednesday, r

Bitcoin climbed back above $71,000 on Wednesday, reaching its highest level since February 8, even as broader geopolitical risk remained elevated. The move appears to have been triggered by a sudden shift in macro sentiment around Iran

Source: X @VetleLunde

Notional open interest on Binance’s BTCUSDT perp | Source: X @VetleLunde

Bitcoin Taker Buy Sell Ratio on Binance | Source: X @Darkfost_Coc

Bitcoin surges back above the 200-week EMA, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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