London Stock Exchange: Bitcoin has only seen a slight increase in value amidst uncertainty over the Iran war.
Bitcoin has edged higher, with investors digesting the latest developments in the Iran war. US President Trump has stated that Israel and Lebanon will extend the ceasefire agreement for three weeks. However, he has hinted that he is not in a rush to reach a peace agreement with Iran, which has made investors cautious about risk assets. Data from the London Stock Exchange shows that despite ongoing uncertainties, Bitcoin has risen by about 30% since its low point in early February. David Morrison of Trade Nation stated in a report that some profit-taking may quietly emerge, especially considering Bitcoin has not yet returned to above $80,000. According to the data from the London Stock Exchange Group, Bitcoin has risen by 0.5% to $78,273.
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