Bitcoin hits weekly low on oil fears as analyst teases $10K BTC price target

Analysis warned that Bitcoin risked falling to $10,000 in the long term as BTC price action fell with US stocks thanks to oil-supply concerns.

Analysis warned that Bitcoin risked falling to $10,000 in the long term as BTC price action fell with US stocks thanks to oil-supply concerns.

Bitcoin fell on fresh US-Iran cues, while analysis warned that a resurgent US dollar could spark new lows across crypto and risk assets.

Bitcoin trapped late buyers at $68,000 with oil still above $100 ahead of a news briefing by US Secretary of Defense Pete Hegseth.

Bitcoin continued to surprise some analysts as it held the lower end of its local range despite fresh Iran pressure on macro markets.

Bitcoin neared the first six-consecutive-month streak of losses since the 2018 bear market as Iran war woes kept markets firmly in check.