Tensions Between US and Iran Weigh on Bitcoin Price
The US-Iran tensions have taken a toll on Bitcoin's price, which extended losses below $77,000 on Wednesday. The conflict has renewed geopolitical risks and lifted the West Texas Intermediate (WTI) to $91.00 at press time.
Bitcoin trades at $76,799, maintaining a constructive bullish bias despite the recent pullback in momentum. Immediate support appears at the 50% retracement near $75,233, followed by the 200-day EMA at about $72,397.
Filecoin and Uniswap emerged as top performers over the last 24 hours, with Filecoin trading at $0.78 after a 14% rise the previous day. Uniswap trades around $5.83, maintaining a bullish near-term bias with five consecutive days of gains.