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BTC price hits K as rumor Middle East tensions over boosts Bitcoin

BTC price hits $65K as rumor Middle East tensions over boosts Bitcoin

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Source: Coin Telegraph

Bitcoin liquidates shorts as seesaw BTC price moves accompany changing geopolitical signals.

Bitcoin (BTC) saw flash volatility on April 19 as geopolitical turmoil in the Middle East spilled into financial markets.

Data from Cointelegraph Markets Pro and TradingView showed new seven-week BTC price lows of $59,630 hitting after the April 18 daily close.

These accompanied renewed tensions between Iran and Israel — a particularly sensitive topic for Bitcoin this month which fueled a major drawdown from $70,000.

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Author: William Suberg