Investing.com– Bitcoin rose slightly on Monday after logging a muted performance over the weekend as a push towards record highs was muddled by a report that the U.S. government was probing stablecoin giant .
Crypto prices took some support from improved risk appetite after Israel’s attack on Iran was less severe than feared. Sentiment was also slightly aided by Hong Kong proposing a tax break for crypto and digital assets.
But uncertainty over the U.S. election and interest rates still weighed on crypto markets, keeping most major currencies trading in a tight range.
rose 0.9% to $67,719.5 by 01:06 ET (05:06 GMT).
Bitcoin stalls under $70k on report of DOJ probing Tether
The world’s biggest cryptocurrency stalled over the weekend as a push towards $70,000 was stalled by a Wall Street Journal report that the U.S. Department of Justice was probing Tether over potential money laundering…
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