Bitcoin climbs above $79,000, Asian equities rise amid ‘subdued’ geopolitical tensions
Bitcoin surged above $79,000 as the Crypto Fear & Greed Index climbed to 47, signaling neutral sentiment after extreme fear last month. Asian equities rallied alongside crypto gains amid easing geopolitical tensions. The recovery reflects improving market confidence, though broader macroeconomic uncertainties persist. Indian investors monitoring exposure should note sustained momentum could test $80,000 resistance levels.
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Bitcoin pulls back from 12-week high as Iran rally hits seller wall at $79,400
Bitcoin retreated from $79,399 after hitting a 12-week high, as sellers dominated Asian trading Monday. The $80,000 zone represents breakeven for recent buyers, creating selling pressure despite 16% April gains and strong institutional accumulation. Fed and ECB decisions this week could provide the catalyst needed to break through resistance. Without it, repeated rejections near $79,000 may define the trading range instead of signaling a breakout.
Aave asks Arbitrum to send 30K ETH from Kelp exploiter to ‘DeFi United’
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