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via Decrypt · By Decrypt Editorial

As Oil Moves Higher, Bitcoin Sinks to Lowest Price Since March

BTC

BTC/USDT

$72,722.99
+4.17%
24h Volume

$32,802,229,535.77

24h H/L

$73,110.70 / $68,902.22

Change: $4,208.48 (6.11%)

Long/Short
51.2%
Long: 51.2%Short: 48.8%
Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$72,776.81

4.96%

Volume (24h): -

Resistance Levels
Resistance 3$78,568.57
Resistance 2$76,859.07
Resistance 1$72,785.42
Price$72,776.81
Support 1$72,717.82
Support 2$71,007.86
Support 3$69,924.16
Pivot (PP):$67,833.60
Trend:Uptrend
RSI (14):80.0
DE
Decrypt Editorial
(06:25 PM UTC)
1 min read
JM
Verified byJames Mitchell

In brief

  • Crypto fell alongside U.S. stocks as renewed military conflict in the Middle East pushed Brent crude to a 12-day high of $96 per barrel.
  • Rising energy costs pushed the U.S. 10-year Treasury yield to 4.5%, signaling investor concern over near-term inflation.
  • The drop added to pessimism deepened by Strategy's recent Bitcoin sale, according to GSR's Carlos Guzman.

The crypto market fell…

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Source

Decrypt Editorial · Decrypt

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