Bitcoin nears $75K as Iran deal hopes spark $400M short squeeze

Bitcoin nears $75K as Iran deal hopes spark $400M short squeeze

1.43%LINK$9.21 4.72%DOGE$0.09351 2.45%ADA$0.2445 2.51%BTC$74,435 4.62%XLM$0.1553 3.01%SOL$86 4.71%XRP$1.36 2.96%BCH$434.54 2.03%ETH$2,364 7.16%HYPE$44.64 6.92%TRX$0.3204 0.07%BNB$616.11 3.43%USD Written by Martin Young,Staff WriterReviewed by Jesse Coghlan,Staff EditorBitcoin nears $75K as Iran deal hopes spark $400M short squeeze42 minutes agoA broad hope for a US deal with Iran to end weeks of conflict has spurred investor confidence in riskier assets. Bitcoin has surged to its highest price in nearly a month, triggering hundreds of millions worth of liquidations as hopes of a deal between the Trump administration and Iran washed the crypto market with positive sentiment. The crypto market surged to a total value of $2.6 trillion, its highest level for a month, liquidating 177,000 traders of $530 million over the past 24 hours, according to CoinGlass. The majority of liquidations occur

Source: https://cointelegraph.com/news/bitcoin-75k-iran-deal-hopes-spark-rally?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound