Bitcoin (BTC) Neared $80K as the US and Iran Extended the Ceasefire: Your Weekly Crypto Recap

Bitcoin (BTC) Neared $80K as the US and Iran Extended the Ceasefire: Your Weekly Crypto Recap

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Market Updates The tension, and more specifically the recent signs of de-escalation, in the Middle East have sparked another wave of volatility across the broader cryptocurrency market. Recall that on April 22, Bitcoin (BTC) shot above $78,000 after US President Donald Trump revealed that the ceasefire with Iran had been extended. The sudden uptrend negatively affected traders who had opened too risky positions with high leverage, as liquidations over 24 hours reached almost $500 million. The uptrend continued, and BTC briefly climbed above $79,500 (the highest level since late January) but couldn’t reclaim the psychologi

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