Cryptocurrency Down as Middle East Tensions Persist — Market Talk
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Major cryptocurrencies have been under pressure as rhetoric around the Strait of Hormuz ramps up, including President Trump's Truth Social posts, one of which he calls for the U.S. Navy "to shoot and kill any boat" placing mines. Analysts say that cryptocurrency has been hewing closely to trading seen on the stock market, which is partially because the main worry of cryptocurrencies being adopted by users is giving way to the next step of integrating blockchain into traditional financial systems, says Abe Chernin and Robby Letson of Cornerstone Research. Bitcoin falls 0.8% to $77,839, according to data from LSEG. Ethereum falls 3.1% to $2,317, XRP drops 0.5% to $1.43, and solana falls 1.9% to $85.49. (kirk.maltais@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260423010534:0/
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