RATE Group | Iran Avenges US Attacks Shooting up the Price of Bitcoin and Gold
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Iran Avenges US Attacks Shooting up the Price of Bitcoin and Gold

08 Jan Iran Avenges US Attacks Shooting up the Price of Bitcoin and Gold

Posted at 03:47h in Bitcoin News by

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Iran attacks the US troops stationed at two military bases in Iraq this morning with more than a dozen missiles. The complete causalities and the injury reports from the Iraq and the US Officials is still pending.

The Islamic Revolutionary Guards Corps (IRGC), an elite wing of the Iranian military calls the attack a revenge for the death of their military general, Qassim Soleimani, earlier this week.

The price of Gold and oil shot up with long wicks on daily charts; Gold recorded a high of $1611.

goldusd
Gold/USD 1-Day Chart (TradingView)

Bitcoin [BTC] price broke above $8450 as escalating global tension seems to be having a positive effect it’s demand as well. It is trading 7.8% since yesterday; the price of Bitcoin [BTC] at 2: 30 hours UTC is $8356.

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BTC/USD 1-Day Chart on Bitstamp (TradingView)

Derivatives and crypto trader, Josh Rager tweeted,

$BTC looking strong after the U.S. base attack news

Could continue to rip up though prior targets to short

I canceled…

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