Bitcoin Falls Below $77,000 After Trump Statement on Iran
Bitcoin dropped 2.4 percent to $76,500 and ether fell 3.5 percent to $2,116 after President Donald Trump posted a warning to Iran on social media. Brent crude oil briefly rose above $112 per barrel while U.S. equity futures declined.
CoinDesk" The comments prompted a rise in oil prices, with Brent crude briefly topping $112 per barrel. U.S. 3 percent.
Derivatives data showed increased selling pressure.
48 percent to $125 billion, and liquidations reached $677 million. Bitcoin's 30-day implied volatility index rose to 42 percent from 40 percent since May 9. U.S. Treasury notes, increased 14 percent on Friday.
Most altcoins declined more than bitcoin.
5 percent. 6 percent. Zcash recorded the most positive 24-hour cumulative volume delta among major tokens, while bitcoin and ether open interest remained largely steady.
