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Bitcoin News Update: BTC Gains 1.7% amid Geopolitical Relief, Investor Focus Shifts to Halving Event 2024
In the face of international unrest, Bitcoin (BTC) enjoyed a slight gain of 1.74% on Sunday, closing at $66,013. The fact that Iran had warned Israel about an impending strike reduced investors’ initial concerns about immediate retaliation while giving investors a good excuse to concentrate on the impending Bitcoin halving event.
As investors shift their focus to the upcoming Bitcoin halving event 2024, attention is drawn to BTC spot ETF flow data and updates from the Middle East.
Geopolitics: Investors Find Relief from News of Pre-Warning
The slight gain in Bitcoin price on Sunday partially reversed a 3.78% slide from Saturday, marking the end of a three-day losing streak. Investors were pleased to hear that Iran had warned Israel ahead of time of an upcoming attack. This brought hope that things would not get uglier in the region.
Nevertheless, Bitcoin
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