Bitcoin Trades Flat Amid U.S. Political Upheaval
- Bitcoin opened the April 3 session just below $67,000, dipped to $66,345, and peaked at $67,195.
- The cryptocurrency’s market capitalization remained around $1.34 trillion.
- 24-hour liquidations on bitcoin were under $31 million, down from Thursday’s $103 million.
- WTI crude surged by approximately 11.4% to $111.54 per barrel due to geopolitical tensions.
- U.S political changes included the firing of Army Chief Randy George and appointment of Christopher LaNeve as acting chief of staff.
Despite significant U.S. political changes and rising energy prices, bitcoin remained relatively stable near the $67,000 mark due to closed markets over Easter holidays.
Bitcoin’s stability amid political upheaval highlights its potential resilience in volatile environments while energy market disruptions drive oil prices higher (Source)
