Crypto
Bitcoin shakes out \'weak hands\' and aims to build a base at $65,000
Bitcoin may be able to build a base around $65,000, an analysis said, as much of the selling pressure has been absorbed after short-term speculative funds left the market. Fidelity Investments\' Jurrien Timmer called the current price action technically interesting and pointed to $65,000 as strong support. He said markets are pricing in a possible resolution to tensions involving Iran, while warning that a worst-case hit to Gulf energy infrastructure could amplify shocks.