Bitcoin, ether fall as traders react to rising Middle East tensions
The post Bitcoin, ether fall as traders react to rising Middle East tensions appeared on BitcoinEthereumNews.com. The broader crypto market ticked lower on Tuesday with bitcoin BTC$80,621.04 falling 1% since midnight UTC to $80,800 and ether (ETH) losing 2% to $2,290. U.S. equity futures also dropped after U.S. President Donald Trump said the ceasefire with Iran was “on massive life support,” leading to a spike in Brent crude oil to $107 per barrel and a 0.4% rise in the U.S Dollar Index (DXY). Bitcoin, however, remains above Bitmine (BMNR) Chairman Tom Lee’s line in the sand at $76,000, which he said would confirm the end of a bull market if bitcoin can hold above that level at the end of the month. The altcoin market is mixed with the majority of tokens underperforming the two largest cryptocurrencies, while a small corner of the market, including CRO$0.08090, curve (CRV) and toncoin (TON), bucked the bearish price action with upside moves between 5% and 10% in the past 24 hours. Der