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What Next for Bitcoin as BTC Nears $68,000 on Fresh US-Iran Tensions
7 Articles
7 Articles
Gold, silver climb on US–Iran tensions as BTC tests support
Gold and silver gain on US–Iran tensions as BTC retests key chart resistance. Gold and silver prices advanced Friday amid heightened geopolitical tensions between the United States and Iran, with analysts monitoring whether Bitcoin will follow traditional safe-haven assets higher.…
Bitcoin goes up to $68,000 in a technical rebound of the crypto market, but the movement looks more like a relief rally than a real turnaround. Tensions with Iran and the Fed's more hawkish tone support the dollar and slow down appetite for risk, despite the simultaneous rise of gold. Record-breaking flows from BTC to Binance suggest latent sales pressure, while analysts do not exclude a low-end retest of 2024.A fragile rebound, not a Bitcoin tu…
Jim Cramer Questions Bitcoin’s Role as Safe Haven Amid U.S.–Iran Tensions
Jim Cramer took to social media platform X on Thursday to question the cryptocurrency market, specifically challenging Bitcoin (CRYPTO: BTC) and its perceived utility during periods of geopolitical instability. As tensions between the United States and Iran reach levels not seen in decades, Cramer dismissed the long-standing narrative that Bitcoin serves as a hedge in times of war or macro uncertainty. “At the risk of antagonizing everyone, what…
Jim Cramer Says Cryptos Are 'Getting Slaughtered,' Dismisses Bitcoin As Iranian War Hedge - Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)
Jim Cramer took to social media platform X on Thursday to question the cryptocurrency market, specifically questioning Bitcoin’s (CRYPTO: BTC) utility during periods of geopolitical instability. • What is BTC doing today? Cramer Dismisses “Iranian War Hedge” Narrative As tensions between the U.S. and Iran reach levels not seen in decades, Cramer dismissed the long-held thesis that Bitcoin serves as a safe-haven asset. “at the risk of antagonizi…
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