King cryptocurrency At the time of writing, the unit started to decline again and is below 77 thousand dollars. The bulls, who came very close to 80 thousand dollars over the weekend, have to defend the support zone today as a result of the normalized distorted news flow. So what’s on the agenda of cryptocurrency investors?
Bitcoin decline
Iranian Minutes ago, the Minister of Foreign Affairs said, “The USA could not achieve any of its goals and that is why it wants negotiations, and we are evaluating this.” Israel ended the Lebanon ceasefire and will arrive this week interest rate decision Before that, geopolitical tension is at its peak again.
Overcoming the channel resistance at $75,800, BTC targeted the channel support of 80,366, which we drew attention to throughout April. If successful, it could return to the channel that accelerated the decline and reach six-figure prices again. However, it seems like it will return to the $75,800 support for now. Sellers who were constantly pushing the daily bottom down at the time of writing think they had a good short selling opportunity after the rise that has been going on for days.
Closes below $76,400 could further accelerate the sell-off. Investors should not underestimate the possibility of seeing major movements in both directions depending on the news in the coming hours. If Trump does not respond to Iran’s cavalier language in the same tone, this will be a message to domestic politics and it will be assumed that he is colluding for the negotiation table. If the subject is Iran, the word “collusion” should repeat itself in the back of your mind as you read each of his statements.
Agenda of crypto investors
We saw good news over the weekend, it said, “Iran has proposed a new plan to the USA to reopen the Strait of Hormuz in case the war ends,” and the rise started on this basis. However, the strait is still closed and there is no progress in the talks. This plan rumor was the primary agenda of the investors and their main agenda remains Iran.
Strategy bought 3,273 BTC (~$255 million) last week, increasing its total assets to 818,334 BTC. This is one of the most talked about topics today.
COLEALLEN The meme token gained popularity after the attempted shooting against Trump. Some tokens like HENRY also benefit from the event.
Aave Labs and major Ethereum players are waging an Arbitrum governance push to recover ~30,766 ETH tied to the KelpDAO exploit and direct the funds to a “DeFi United” relief pool. Important developments for Crypto DeFi.
