By Francisco Rodrigues (All times ET unless indicated otherwise)
Bitcoin is stuck in a tight range near $66,600 ahead of the Good Friday holiday, as geopolitical tensions and shifting macro expectations keep prices contained.
While the cryptocurrency saw a slight rise in the last 24 hour period it failed to break above $67,000. It’s struggling as U.S. President Donald Trump signaled a harsher stance on Iran, now threatening the country’s infrastructure.
Brent crude hit $120 per barrel on spot markets, levels not seen since 2008, over the ongoing crisis and its effects on the Strait of Hormuz, a key artery for global oil shipping that has effectively been shut down.
That surge in energy prices pushed up inflation…
