Bitcoin Falls to One-Week Low as Middle East Concerns Grow -- Market Talk

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Bitcoin Falls to One-Week Low as Middle East Concerns Grow -- Market Talk

Dow Jones03-19 19:54

1153 GMT - Bitcoin falls to its lowest level in a week as tensions in the Middle East escalate, causing oil prices to rise. Attacks on energy infrastructure in the Gulf strengthen fears of supply disruptions and this weighs on risky assets. Meanwhile, investors continue to sell bitcoin after it hit a six-week high of $75,984 on Tuesday, LSEG data show. Charts show the crypto currency faces resistance at $76,000, while the recent drop below $71,000 means it could fall further towards $60,000, says Trade Nation's David Morrison. Bitcoin last trades down 1.7% at $70,030, having hit a low of $69,514. (jessica.fleetham@wsj.com)

(END) Dow Jones Newswires

March 19, 2026 07:54 ET (11:54 GMT)

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Charts show the crypto currency faces resistance at $76,000, while the recent drop below $71,000 means it could fall further towards $60,000, says Trade Nation's David Morrison. Bitcoin last trades down 1.7% at $70,030, having hit a low of $69,514. 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