Bitcoin gained on Monday, adding 3% after dropping to as low as $61,300 over the weekend. The weekend’s drop was due to geopolitical tensions, according to some analysts. Matteo Greco, a research analyst at Fineqia, said: “The weekend’s price drop was attributed to geopolitical tensions in the Middle East, with market sentiment improving after an announcement regarding a temporary halt in hostilities among the involved nations.” He also noted that the upcoming bitcoin halving, could trigger a short-term “sell the news” reaction before and after the event. An array of altcoins also gained on Monday, with Render (RNDR), a GPU marketplace that lets users contribute computational power to 3D rendering projects and earn tokens in return, jumping 19%. Ondo Finance’s ONDO also gained, climbing 18% over the past 24 hours.
Has it Survived Yesterday’s “Bear Attack”.
The trading day is not over, but it appears to me that Bitcoin has survived yesterday’s “bear attack”. After rebounding...
