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Crypto Market Pulls Back Amid US-Iran Tensions

Guavy AI Editorial Team
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BTC
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The cryptocurrency market is experiencing a pullback on Friday after an early-week surge pushed Bitcoin near $67,000. However, escalating tensions between the United States and Iran have fueled investor caution, causing BTC to retreat below $65,000.

In contrast, Gold has remained resilient above the key $4,000 level, with bulls eyeing a short-term technical breakout that could shift market sentiment from bearish to neutral or even more bullish.

The ongoing geopolitical tensions and macro uncertainty are weighing on markets. The United States extended military air strikes on Iran for a 13th consecutive night, with Iranian media reporting explosions in multiple cities.

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