#MarketPullback Alert all traders it's a pullback
(Follow for exact Downtrend Notification)
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Yes it's a pullback not a uptrend
Bitcoin Bounces to $106K After Iran-Israel Jitters, but Analysts Warn of Deeper Pullback
Circle is up 13% on news that Amazon and Walmart are moving into stablecoins.
What to know:
Bitcoin rebounded to around $106,000 after a slump, but remains 6% below its all-time high.
The CoinDesk 20 index fell 4.4%, with ether, avalanche, and toncoin dropping between 6% and 8%.
Crypto stocks are mostly down, except for Circle, which rose 13% following its IPO and interest from Amazon and Walmart in stablecoins.
The crypto market is slightly bouncing back from early Friday’s jitters on escalating conflict between Israel and Iran.
After slumping to the $102,600 mark, bitcoin
rebounded to around $106,000 before fading lower in the U.S. afternoon hours with reports about a fresh wave of airstrikes targeting Iran. The top cryptocurrency was down 1.6% in the last 24 hours, changing hands at $105,200 and still less than 6% shy of its all-time high price
