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Altcoins sink as Bitcoin pulls back on failed talks

Altcoins sink as Bitcoin pulls back on failed talks

Bitcoin gave up its late-week gains on April 12 after the United States and Iran failed to secure a permanent peace agreement. 

Summary

  • Bitcoin fell sharply after US-Iran peace talks failed to produce a permanent agreement over the weekend.
  • Ethereum, XRP, BNB and Solana declined as the wider crypto market turned lower today.
  • RAVE rose another 40% and extended gains above 1,000% despite the broader market pullback.

The pullback ended a steady rise that started after both sides announced a two-week ceasefire, and it pushed most major altcoins lower.

Bitcoin started the week with gains after reports said the United States and Iran had opened ceasefire talks….

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