Bitcoin Tests Support Level as US-Iran Tensions Escalate
The cryptocurrency market experienced a risk-off sentiment on Friday due to rising tensions between the US and Iran, causing Bitcoin to test its 50-day EMA support at $65,135.
Pi Network and Sky emerged as the worst-performing assets over the last 24 hours, with Pi Network's price extending its losses for the third consecutive day.
The Fear and Greed Index on CoinMarketCap dropped to 36 from 40 on Wednesday, indicating a renewed risk-off sentiment in the market.