Bitcoin’s jump to $69,000 likely the result of short-covering
After dipping over the weekend as the U.S. began strikes against Iran, bitcoin BTC$69,180.48 shot higher on Monday, at one point nearing $70,000 before pulling back to the current $69,000. While any rally in bitcoin is welcome by the bulls, today’s move comes after a relentless months-long slide that has halved the price and weighed…