Bitcoin nears $73K as recession risks and weaker dollar support demand

Bitcoin nears $73K as recession risks and weaker dollar support demand

2.68%LINK$8.96 1.94%DOGE$0.09229 0.51%ADA$0.2507 0.21%BTC$71,771 0.48%XLM$0.1546 0.42%SOL$83.49 1.09%XRP$1.33 0.00%BCH$438.69 1.05%ETH$2,195 0.14%HYPE$40.91 4.33%TRX$0.3195 0.81%BNB$601.74 0.04%USD Written by Marcel Pechman,Staff WriterReviewed by Ray Salmond,Staff EditorBitcoin nears $73K as recession risks and weaker dollar support demand12 hours agoBitcoin continues to show strength even as US recession risks rise and the fragile ceasefire with Iran begins to show cracks. Bitcoin climbed to $72,000 as increasing recession odds and a weak US dollar boosted the appeal of scarce financial assets. Rising oil prices and a wobbly truce with Iran threaten to reverse Bitcoin’s recent gains. Bitcoin (BTC) reclaimed the $72,000 level on Thursday despite data showing rising inflation and weak economic growth in the United States. Crude oil prices jumped back to $97 after senior Iranian leaders c

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