$BTC
$XAU
Bitcoin stabilizes near $83,400 amid rising yields and tensions involving Iran
Bitcoin rose slightly on Tuesday as it tried to recover from recent losses, amid ongoing pressure from higher yields and continued tensions between the United States and Iran, prompting investors to shun high-risk assets.
The world’s largest cryptocurrency rose 1.30% to reach $84,506.00 by 4:25 p.m. Saudi time. It had peaked at $85,000.00 over the weekend before falling quickly.
Markets found some support from a statement by U.S. banking giant Citibank to expand its digital asset services in Japan and the United Arab Emirates, amid hopes for further adoption by traditional financial institutions in this sector.#BitcoinClears$85200 #AltcoinSeasonIndexHoldsAbove60For5Days #USCorePCEEasesTo3%InAugust #KospiPostsWorstQuarterSince2020 #UKFCAOpensCryptoFirmAuthorization
$XAU
Bitcoin stabilizes near $83,400 amid rising yields and tensions involving Iran
Bitcoin rose slightly on Tuesday as it tried to recover from recent losses, amid ongoing pressure from higher yields and continued tensions between the United States and Iran, prompting investors to shun high-risk assets.
The world’s largest cryptocurrency rose 1.30% to reach $84,506.00 by 4:25 p.m. Saudi time. It had peaked at $85,000.00 over the weekend before falling quickly.
Markets found some support from a statement by U.S. banking giant Citibank to expand its digital asset services in Japan and the United Arab Emirates, amid hopes for further adoption by traditional financial institutions in this sector.#BitcoinClears$85200 #AltcoinSeasonIndexHoldsAbove60For5Days #USCorePCEEasesTo3%InAugust #KospiPostsWorstQuarterSince2020 #UKFCAOpensCryptoFirmAuthorization
