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

BTC

BTC/USDT

$79,574.01

-0.21%

$79,574.01

-0.21%

(24s)

24h Volume

$7,700,331,101.20

24h H/L

$80,200.00 / $79,233.00

Change: $967.00 (1.22%)

Long/Short

52.9%

Long: 52.9%Short: 47.1%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,810.00

▼ -0.03%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$79,878.00

Price$79,810.00

Support 1$79,635.96

Support 2$77,546.36

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):66.7

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…