Bitcoin Recovers as Iran Supreme Leader Reportedly Dies

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Donald Trump described Ayatollah Khamenei as “one of the most evil people in history,” on Truth Social.

Bitcoin prices have recovered from their dip following the US-Israeli air strikes on Iran and reports of the death of the Iranian Supreme Leader.

Bitcoin prices reached $68,200 in early trading on Sunday morning on Coinbase, according to TradingView.

The asset has now recovered all losses from its dip to $63,000 on Saturday, adding $5,000 in less than 24 hours following the news that the United States and Israel had commenced air strikes on Iran. 

BTC is currently trading back at Friday’s levels, around $67,350 at the time of writing, but remains within a three-week range-bound channel. 

Over the past 24 hours, around 157,000 traders were liquidated, with total liquidations coming in at $657 million, roughly evenly split between leveraged longs and shorts.


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