Crypto recovered on Tuesday morning even as Monday's relief rally unraveled across traditional markets, with oil jumping 4% on reports that Saudi Arabia and the UAE are moving to join the conflict. Bitcoin has rebounded above $70,000 after the weekend sell-off, but major cryptocurrencies remain sharply lower over the past week. Reports that Saudi Arabia and the UAE will allow U.S. forces to use their bases against Iran signal a broader regional coalition and a significant escalation of the…
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