Bitcoin under $71,000, ETH, SOL, XRP drop as Iran ceasefire frays within 48 hours of being signed
Burns Brief
Tehran says three clauses of the ceasefire have been breached, oil is rebounding toward $97, and the Strait of Hormuz remains effectively closed despite the deal The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC $XRP for reaction — a decisive move above or below key levels will confirm the next trend.
Tehran says three clauses of the ceasefire have been breached, oil is rebounding toward $97, and the Strait of Hormuz remains effectively closed despite the deal.
Key Takeaways
- Tehran says three clauses of the ceasefire have been breached, oil is rebounding toward $97, and the Strait of Hormuz remains effectively closed despite the deal