Profit-taking across bitcoin, ether, solana as traders wait on the Iran signing
CoinDesk·
60-second summary
Traders are engaging in profit-taking across major cryptocurrencies, including bitcoin, ether, and solana, as they wait for a US-Iran deal to be signed. The deal's potential impact on oil prices and global markets is being closely watched, with analysts saying the market wants the deal signed before pricing it in, causing hesitation in bitcoin's bounce.
A US-Iran deal pulled oil lower and lifted stocks, but bitcoin's bounce is hesitant. ETF outflows just paused after a record run, and analysts say the market wants the deal signed before pricing it in.