Bitcoin seeks support above $81K as Brent crude oil hits highest level since March
BTC when published $81,682Now $80,595 ▼ −1.33% since it was published
Bitcoin dipped below $81,000 as stocks fell and Brent crude hit its highest level since March, leaving the 50-day moving average in focus. Bitcoin (BTC) saw a fresh dip below $81,000 after Friday’s Wall Street open as Brent crude oil set new seven-month highs. Data from TradingView showed BTC/USD falling to $80,988 before recovering to around $81,600 at the time of writing. US stocks opened lower as AI-sector expenditure woes coincided with a surge in oil prices on the back of tensions around the US-Iran war. The S&P 500 and tech-heavy Nasdaq Composite Index were down 0.6% and 0.2%, respectively, at the time of writing. The Dow Jones Industrial Average was 1.4% lower.
First reported by Cointelegraph. This page is a short excerpt; the full text is theirs.
