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.