Bitcoin Drops Below $80,000 Amid Iran Concerns
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin fell below $80,000 as concerns over Iran weighed on the weekend, followed by signs of relief as oil prices and rates declined.
Bitcoin slipped under $80,000 over the weekend as concerns surrounding Iran pressured market sentiment, according to Decrypt.
By the morning, falling oil prices and rates offered some relief, although the report did not specify whether Bitcoin had regained the $80,000 level.
Markets now face a busy week, with major corporate earnings, a Federal Open Market Committee meeting and key economic data releases on the calendar.
Source: Decrypt
