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via Cointelegraph · By Cointelegraph Staff
Bitcoin Drops 7% to Nine-Week Low Amid US-Iran Strikes
BTC
BTC/USDT
$62,969.26
-0.05%
$62,969.26
-0.05%
(24s)24h Volume
$2,177,011,338.69
24h H/L
$63,175.00 / $62,946.58
Change: $228.42 (0.36%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0008%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(06:18 AM UTC)
1 min read
Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks over a possible ceasefire have stalled.
Bitcoin (BTC) fell to $65,385 on Coinbase in early trading on Wednesday, its lowest level since late March, according to TradingView.
The slump follows the largest daily fall since Feb. 5 as BTC shed more than $4,500…
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