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Bitcoin under pressure as US-Iran tensions weigh on markets
Original: Bitcoin remains under pressure as escalating US-Iran tensions keep weighing on risk sentiment
Bitcoin is staying under pressure as escalating tensions between the United States and Iran continue to weigh on global risk sentiment. Traders are treating crypto as a risk asset amid geopolitical uncertainty, with investors cautious about taking on exposure while the conflict between Washington and Tehran escalates, keeping downward pressure on the cryptocurrency's price.
Why now: Escalating US-Iran tensions are pushing investors away from risky assets like bitcoin.
Evidence
- Bitcoin remains under pressure as escalating US-Iran tensions keep weighing on risk sentiment · investingLive
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