Bitcoin nears $80,000 on hopes for an end to the Middle East conflict
- —BTC topped $79,000 and set its sights on $80,000, up about 3% on the day
- —US statements about a possible end to the Middle East conflict pushed oil prices lower
- —Investors are watching Fed policy, with rate expectations stabilizing
Why it matters: Easing geopolitical risks and lower oil support risk assets; a close above $80,000 would signal continued gains.
Source: Bit2Me News