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Bitcoin Falls After US-Iran Talks Collapse

Published by
Sohrab Khawas

Bitcoin pulled back after stalled US-Iran peace talks dented market sentiment, rejecting near the $73,000–$74,000 resistance zone and falling about $3,200. The drop contributed to an estimated $83 billion wipeout in total crypto market value, now around $2.39 trillion. BTC is currently range-bound between $70,000 and $71,000, with $70,500 acting as a key support level while $71,000-$72,000 remains resistance as traders await a clearer breakout direction.

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Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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