Bitcoin loses $77,000, ether, solana slide as Hormuz standoff lifts oil to 3-week high
Bitcoin traded at $76,923 on Tuesday morning, down 2.4% over 24 hours after rejecting $79,400 the previous day, with the entire top 10 closing red as Brent crude extended its rally to a seventh straight day.
Bitcoin is likely to continue its downward trend as bearish sentiment prevails in the crypto market. The impact of rising oil prices may further dampen investor confidence in risk assets.
Bitcoin traded at $76,923 on Tuesday morning, down 2.4% over 24 hours after rejecting $79,400 the previous day, with the entire top 10 closing red as Brent crude extended its rally to a seventh straight day.
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