Bitcoin Higher as Hormuz Blockade Starts — Market Talk
-
Bitcoin trade slightly higher as the U.S. blockade of vessels moving on the Strait of Hormuz gets underway. The 0.4% uptick according to data from LSEG comes after bitcoin had a volatile weekend on headlines coming out of the Middle East. Bitcoin is trading around $71,160. If it drops under the $70,000 mark, it may slide further to a support level of $65,000, says Nic Puckrin of Coin Bureau. But more optimistically, bitcoin may be showing market resilience in the face of the new uncertainty, says Puckrin in a note, citing a report by Binance. "Weekend crypto trading now predicts Monday's Wall Street moves with an 89% accuracy," he says. (kirk.maltais@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260413005064:0/
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Iyandikishe Injiramo