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Bitcoin News / Bitcoinist - 2 months ago

Iran Set To Deploy Mines, Oil Hits Highs — What It Means For Bitcoin

A White House official’s deleted social media post briefly pushed oil prices lower — only for them to snap back hard after US intelligence detected signs that Iran was moving to mine the Strait of Hormuz, the narrow waterway that carries roughl...

Bitcoin News / Bitcoinist - 2 months ago

Bitcoin Crosses $70K And FOMO Is Back, But Fear Still Grips The Market

Five months of losses may have set Bitcoin up for a rebound — and some traders think the bears are about to face their first real test this cycle. Oversold Conditions Catch The Market’s Attention Bitcoin climbed back above $70,000 on Tuesday,...

Bitcoin News / Bitcoinist - 2 months ago

This Analyst Correctly Predicted Bitcoin’s Recovery Will End Badly, But What’s Next?

Bitcoin’s attempt to reclaim higher ground above the $73,000 region has taken another turn, and the leading cryptocurrency is now back to trading below $70,000. This latest price action has played out exactly like a warning issued days earlier by a t...