Bitcoin fell 2.2% on Monday, dropping below the $84,000 mark after peaking at $84,254 on Bitstamp amid escalating geopolitical tensions. Ukraine accused Russia of continuing to strike energy infrastructure despite a ceasefire announcement, while a tanker was hit in the Strait of Hormuz. Brent crude rose to $107.25 per barrel, its highest since September 16, with WTI also climbing above $94. Markets are closely watching upcoming US inflation data, with CPI and PPI reports due on Wednesday and Thursday. Bitcoin is finding support near $82,000 with resistance at $84,500.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
