BTC Tests $62K as Risk Assets Tumble on Hormuz Fears
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Bitcoin bulls faced an uphill struggle to preserve $62,000 as stocks opened down on Strait of Hormuz rhetoric between the US and Iran.
Bitcoin (BTC) fell further into Monday’s Wall Street open as markets reacted to the US-Iran escalation.
Bitcoin falls toward $62,000 as losses intensify on nerves over the US-Iran war.
Donald Trump says that the US should "run" the Strait of Hormuz as a tug-of-war with Iran continues.
BTC price action is described as "very weak", but a $70,000 rebound prediction remains in place.
Oil rises amid "aggressive" BTC shorting
BTC/USD edging closer to $62,000 amid what a trader described as “massive” short trading.

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