Crypto Market Pulls Back Amid US-Iran Tensions
The cryptocurrency market is experiencing a pullback, with most major assets trading lower. Bitcoin (BTC) has dropped below its short-term support level around $64,000 and remains below key moving averages.
Ethereum (ETH) is also soft, trading near $1,900 within a tight band defined by its 50-day and 100-day exponential moving averages (EMAs).
Ripple's XRP is lagging behind, trading under $1.00 with price action capped by the 50-day, 100-day, and 200-day EMAs and a bearish momentum profile.