🚨 BREAKING NEWS: Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally

Bitcoin fell around 1.7% on Monday as stocks pared early gains fueled by hopes of a diplomatic resolution to the US-Iran war.

Bitcoin (BTC) returned below $77,000 after Monday’s Wall Street open as crypto shrugged off hopes of a US-Iran peace deal.

Data from TradingView showed BTC/USD extending daily losses to 1.7% after reaching a local high of $78,750 after Sunday’s weekly close.

Comments on Iran from US Secretary of State Marco Rubio sparked a sharp retreat in oil prices as markets priced in higher odds of a non-military resolution. Previously, President Donald Trump had suggested thatmilitary strikes could returnaround the US midterm elections on Tuesday.

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📰 Nguồn: 🪙 CoinTelegraph

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