Bitcoin to Test $78.3K Support as US Crude Rises to 3-Month High

Bitcoin Tests Key $78,300 Support as Oil Prices Hit Three-Month High

Bitcoin came under renewed selling pressure on Tuesday as rising tensions in the Middle East weighed on global risk assets and pushed crude oil prices sharply higher. Bitcoin (BTC) fell below $78,000 during the opening of Wall Street trading, reaching an intraday low of around $77,600 before recovering slightly. The decline marked Bitcoin’s lowest level […]

Bitcoin to test $78.3K support as US crude rises to 3-month high

Bitcoin slid beneath the $78,000 level at the Wall Street open on Tuesday, under pressure from a broader risk-off move that followed renewed Middle East tensions. The drop marked Bitcoin’s first move under $78,000 since Sept. 3, with BTC/USD hitting as low as $77,600 before a modest rebound. Macro conditions appeared to be the main [...]

Bitcoin falls below $78,000 as oil soars to $95 on Middle Ea

🚨 Bitcoin drops below $78,000 as oil prices hit $95 on Middle East tensions. 📉 Risk assets slide, with $BTC touching lowest levels since September 3. 🛢️ US stocks decline and inflation concerns rise as oil surges past recent highs. 🕒 Spike in oil follows fresh...

Bitcoin dips to test support: Will it hold?

The Bitcoin price has been steadily losing ground since making the last local high at $82,300. Currently at $78,400, the $BTC price could be heading back to the bottom of a channel at $77K, or perhaps to strong support at $76K. If these don’t hold, $73K comes into play.