Bitcoin stocks divergence returns as BTC dips to $66K while oil drops under $78 Bitcoin joined oil in heading lower while stocks gained on US-Iran peace momentum, with traders seeing a quick end to the BTC price rebound.
Bitcoin (BTC) dropped back to $66,000 after Tuesday’s Wall Street open as stocks locked in fresh gains
Key points: – Bitcoin cools its rebound, even as stock continue higher on US-Iran peace plans. – Oil prices hit their lowest levels in three months, but crypto struggles to leverage the tailwinds. – BTC price takes still see $70,000 as the limit for the current push higher. BTC price dips with oil as stocks head out in front Data from TradingView showed BTC price action coming off its highest levels in nearly two weeks. BTC/USD one-hour chart.