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Bitcoin Edges Lower But Selloff Remains Contained — Market Talk

Bitcoin falls modestly amid rising U.S.-Iran tensions but remains within a relatively narrow range. "Sentiment continues to remain weak around cryptocurrencies, and having already endured so much this year it seems like much of the selling has exhausted itself for now," IG analyst Chris Beauchamp says in a note. Digital assets might struggle for attention in a week dominated by major U.S. earnings and more economic data while risk sentiment continues to be led by oil prices and the Middle East conflict, he says. Bitcoin falls 0.2% to $64,378, LSEG data show. ([email protected])
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