The cryptocurrency market has sharply corrected, with Bitcoin dropping below the key $75,000 support level. This downturn is driven by escalating geopolitical tensions with Iran, diminishing chances of favorable U.S. crypto regulations, and rising global bond yields increasing the cost of capital. These combined factors have led institutional investors to reduce risk exposure, pushing crypto prices lower. The market outlook depends on geopolitical developments; military strikes could drive Bitcoin down to $72,000-$72,500, while de-escalation might trigger a relief rally above $76,500.
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XRP is hovering just below the key $1.30 resistance level, with traders watching for a daily close above this mark and rising volume to confirm a bullish breakout. Despite a recent 7% weekly gain, XRP remains under pressure over the medium term, trad...
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