London Stock Exchange: Bitcoin rises, but Iran war uncertainty limits gains

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Golden Finance reports that on April 30th, Bitcoin rose slightly, but its gains were limited by uncertainties related to the Iran war, leaving its price in a relatively narrow range. Data from the London Stock Exchange Group shows that after the Federal Reserve decided to keep interest rates unchanged and media reports indicated that the U.S. is considering launching a new strike against Iran, the cryptocurrency hit a one-week low of $74,962 on Wednesday. Bitcoin’s latest increase was 0.9%, reaching $76,304. However, David Morrison of Trade Nation stated in a report that Bitcoin’s trading price continues to stay below $80,000. He said it is still too early to determine whether $80,000 is the peak after Bitcoin’s recent strong rebound, or if traders are waiting for an opportunity to push it back above that level.

BTC0.58%
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