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Crypto

Crypto Market Consolidates Amid Renewed US-Iran Tensions

Guavy AI Editorial Team
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BTC ETH XRP
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The cryptocurrency market is experiencing a period of consolidation on Monday, with some assets posting modest gains. Bitcoin remains resilient above $78,000, as investors anticipate a renewed push toward $80,000.

Ethereum and XRP are showing early signs of recovery, but their upside may be capped due to resistance levels. Ethereum is holding above $2,400, while XRP is near $1.37, although it faces persistent resistance at $1.40.

The renewed tensions between the US and Iran could weigh on risk appetite and trigger a deeper sell-off in the market. Bitcoin's position below $80,000 may lead to buyer exhaustion amid profit-taking.

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