salmonjnjy
03-03 08:09

Yesterday, Bitcoin bounced back after a sharp drop over the weekend tied to geopolitical tensions—notably U.S. and Israeli airstrikes on Iran—which initially dragged BTC down toward roughly $63,000. Buyers stepped in quickly, and the price recovered above the $67,000 level, with analysts pointing to ETF inflows, technical relief buying, and short-covering as key drivers of the rebound. The move was part of a broader relief rally after recent volatility, although traders remain cautious as global risk sentiment and macro uncertainty continue to shape price action.

Big Rebound! Is Bitcoin Getting out of the Woods?
Bitcoin (BTC) surged 7% while Coinbase (COIN) ignited for a 15% gain following reports of a high-stakes private meeting between President Trump and Coinbase CEO Brian Armstrong on Tuesday. The rally was further fueled by Trump’s aggressive stance on Truth Social, where he warned that American innovation and capital would flee to competitors like China if banks continue to stall the GENIUS Act (Stablecoin Framework) and the CLARITY Act (Market Structure Bill). With Coinbase leading the charge, would you take profit or buy on the news? Is bitcoin getting out of the woods?
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