BTC Treads Water Amid Global Bond Selloff and US-Iran Tensions
Bitcoin's price remains steady at $77,774 after a modest increase, but traders are cautious due to global bond selloffs and rising tensions between the U.S. and Iran.
The asset currently sits below its short- and medium-term moving averages but maintains longer-term support.
Renewed U.S.-Iran tensions have increased caution among cryptocurrency investors, with geopolitical pressures weighing on speculative markets.