Bitcoin pulls back as ceasefire rally fades amid renewed Hormuz tensions: analysts

By Naga Avan-Nomayo

Bitcoin pulls back as ceasefire rally fades amid renewed Hormuz tensions: analysts

Bitcoin is pulling back as the ceasefire rally fades amid renewed tensions in the Strait of Hormuz, according to analysts. However, bitcoin ETF inflows and a cleaner derivatives setup are preventing the market from breaking down.

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