Investors are turning more defensive as geopolitical tensions rise and key U.S. labor market data approaches.
Bitcoin drops toward $70,000 ahead of U.S. jobs data; oil price rises on Iran war
Investors are turning more defensive as geopolitical tensions rise and key U.S. labor market data approaches.
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Bitcoin surged from an intraday low near $86,200 to reclaim $90,000, driven by aggressive spot buying and a wave of short liquidations.
After its latest purchase, the company now holds 5,098 bitcoin worth nearly $450 million
With interest rates at a 3-year low and $18 billion in ETF inflows, CoinDesk Indices sees a strong setup for continued gains in BTC and altcoins.
Crypto miner Bit Digital will sell off its bitcoin operations to deepen its ETH staking and treasury shift.