Bitcoin Holds Near $62,550 Amid US-Iran Tensions
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Bitcoin at $62,550 Amid Tensions Surrounding Iran

Bitcoin remained virtually unchanged on Tuesday, hovering near its annual lows amid escalating tensions between the United States and Iran, as well as concerns about rising inflation and interest rates, which are prompting markets to avoid speculative assets, including cryptocurrencies.
Igor Fomin Reading time: 1 minute
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A sharp increase in capital outflows from spot Bitcoin ETFs has also put pressure on the world’s largest cryptocurrency: institutional selling in the sector has continued unabated for two consecutive months.

Bitcoin was trading unchanged at $62,550 as of 10:19 a.m. Chisinau time, despite the fact that the U.S. launched five hours of missile and bombing strikes against Iran last night.


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