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Bitcoin edges up to $77,175 amid US-Iran talks and Nvidia earnings anticipation

Market News
20 May 2026
Blockonomi
View Source
Neutral
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Bitcoin rose slightly to $77,175 following support near $76,000, driven by optimism over potential diplomatic progress between the US and Iran and anticipation of Nvidia's earnings report. Diplomatic talks have raised hopes for a swift resolution to the Iran conflict, which could ease inflation pressures affecting markets. Meanwhile, bond yields hit multi-year highs, limiting risk appetite and weighing on cryptocurrencies and tech stocks. Investors await Nvidia's results for clues on AI investment momentum amid inflation and Fed policy concerns.

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