Bitcoin traders eye Iran reactions as oil sparks US 5% inflation forecast

Bitcoin avoided a fresh breakdown around major geopolitical events in the Middle East, with BTC price targets now including $74,000 next.

Bitcoin avoided a fresh breakdown around major geopolitical events in the Middle East, with BTC price targets now including $74,000 next.

Bitcoin faced geopolitical instability alone as a weekend move on Iran saw traditional markets closed, with key support still holding.

Hotter US PPI inflation data boosted precious metals but punished Bitcoin bulls, with BTC price downside nearing 3% on the day.