Bitcoin nears $70K as PMI boost sees BTC price leave Iran woes behind

Bitcoin price strength received a surprise bullish catalyst from US manufacturing data, helping to relieve tensions over Iran as US stocks floundered.

Bitcoin (BTC) surged toward $70,000 after Monday’s Wall Street open as crypto markets diverged from US stocks.

Key points:

Bitcoin reacts to positive US manufacturing data as bulls manage to sideline geopolitical tensions.

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