Bitcoin drops below $77,000 on Trump's Iran threat, renewed inflation fears: analysts

BTC

BTC/USDT

$63,067.01

+0.06%

$63,067.01

+0.06%

(24s)

24h Volume

$2,099,868,569.62

24h H/L

$63,175.00 / $62,968.45

Change: $206.55 (0.33%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0038%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,067.02

▼ -0.03%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$63,067.02

Support 1$62,882.63

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.1

The Block Editorial

(03:37 AM UTC)

1 min read

Reviewed bySarah Chen

0 comments

Bitcoin (BTC) dropped below $77,000 on Sunday night as U.S.-Iran tensions resurfaced, and fears of stronger inflation prompted broad risk aversion across markets.

According to The Block's crypto price page, bitcoin fell 1.2% in the past 24 hours to $76,593 as of 11:10 p.m. ET on Sunday. The world's largest cryptocurrency had fallen to a low of around $76,720 earlier in the day.

The drop comes…