Bitcoin pinned below $73,000 despite potential U.S.-Iran deal news
CoinDesk
Bitcoin struggles to maintain value below $73,000 despite market reactions to a potential U.S.-Iran ceasefire agreement and rising inflation data.Summary
Bitcoin remains stagnant below $73,000, declining 2.7% over 24 hours, even as global markets react to reports of a potential U.S.-Iran ceasefire agreement. While broader markets saw stocks rise and oil prices fall on the news, crypto assets failed to gain momentum. Additionally, the economic environment is tightening as the Federal Reserve's preferred inflation gauge, the PCE index, rose to 3.8%, the highest level since 2023, raising concerns about persistent price pressures.
(Source：CoinDesk)