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Bitcoin drops to 7-week low under $71K as US-Iran ceasefire hopes fade

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 3 Views

Bitcoin drops to 7-week low under $71K as US-Iran ceasefire hopes fade

Bitcoin fell to its lowest levels since mid-April as chances of a US-Iran peace deal seemed to fade and oil prices spiked.

Bitcoin (BTC) hit new seven-week lows on Monday amid a collapsing peace deal between the US and Iran.

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