Bitcoin pulls back to $64,000 after hitting monthly high as bears take control

CoinDesk·

Bitcoin pulls back to $64,000 after hitting monthly high as bears take control

60-second summary

Bitcoin is pulling back to $64,000 after hitting a $65,500 monthly high, as profit-taking and fresh Iranian strikes on U.S. bases trigger a bearish shift in price action across most tokens, with bears taking control and leading the decline, causing a significant drop in investor sentiment and a potential shift in market momentum.

Profit-taking after bitcoin hit a $65,500 monthly high combined with fresh Iranian strikes on U.S. bases sent crypto lower, with bears leading price action across most tokens.