Bitcoin Stabilizes Near $102K Amid Geopolitical Tensions

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Source: CoinDesk
Bitcoin Stabilizes Near $102K Amid Geopolitical Tensions
Photo: CoinDesk
TL;DR Summary

Bitcoin and other cryptocurrencies like XRP and ETH declined below key levels amid geopolitical tensions involving Iran potentially blocking the Strait of Hormuz, a critical oil route, which could lead to a surge in oil prices and risk-off sentiment on Wall Street.

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