Bitcoin price sags under $62.5K as Iran strikes add to US stocks pressure
CoinTelegraph·
60-second summary
Bitcoin's price is currently sagging below $62.5K as it follows US stocks lower for a second consecutive day, influenced by the escalating US-Iran conflict. The cryptocurrency's attempt to reach local highs was met with rejection, leading to a reversal and decline. Market pressure is mounting as investors seek safe-haven assets.
Bitcoin saw a key rejection at local highs before reversing lower, moving with stocks for a second day as US-Iran war downside took its toll.