Bitcoin and Stocks Face Fresh Lows Under a US Dollar Breakout, Say Traders

Bitcoin (BTC) saw another $69,000 rejection on Thursday as risk-assets suffered over US-Iran war headlines.Key points:Bitcoin faces fresh downside pressure as stocks and gold fall on US President Donald Trump’s address to the nation.US dollar strength ramps up on the back of an anticipated breakout to yearly highs.Bitcoin would face “new lows” from a dollar comeback, a trader warns.Bitcoin, stocks and gold all fall on Trump addressData from TradingView showed 2% daily BTC price losses…

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Crypto Scam Leader Extradited to China to Face Charges

Li Xiong, a key member of a group that allegedly helped crypto scam rings in Asia to move money, has been extradited from Cambodia to China, where he will face fraud and money laundering charges, according to Hong Kong-based news outlet Ta Kung Wen Wei.“On April 1, with strong support…