$BTC Bitcoin price today: rises above $71,000 amid conflicting signals about the Iran war

Bitcoin rose on Wednesday, maintaining a level above $71,000 as investors weighed ongoing tensions in the Middle East against initial signals of diplomatic engagement between Washington and Tehran.

The world’s largest cryptocurrency traded up 1% at $71,197.8 by 10:27 AM Saudi time.

Bitcoin had fallen below $70,000 earlier in the week, when escalating conflict led to a general move away from risk and negatively impacted digital assets.

$BTC

BTC
BTC
66,302.15
-0.53%

#BTC☀️