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Bitcoin stays 'stalled' at $78K as oil threatens new risk-asset squeeze

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 43 Views

Bitcoin stays 'stalled' at $78K as oil threatens new risk-asset squeeze

Bitcoin and risk assets faced an uphill struggle after the S&P 500 hit new all-time highs as analysis warned that BTC price support was at risk.

Bitcoin (BTC) stayed glued to $78,000 on Friday with markets “awaiting clarity” from the US-Iran war.

Key points:

Bitcoin stalls in its bid to recapture $80,000, as US stocks tread water.

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