Good morning, crypto fam! đ As Asia kicks off the week, all eyes are on Bitcoin$BTC âholding steady at $105,000 despite the rising storm in the Middle East.
đ Geopolitical Heat, Market Chill
Traders are on edge as tensions between Israel and Iran risk spilling into a wider conflict. According to QCP Capital, there's serious fear in the airâBTC$BTC puts are now pricier than calls, meaning more people are betting on downside risk. đŹ
Yet despite the chaos, Bitcoin isnât flinching. Why? Because institutions are still buying. Glassnode data shows solid on-chain strength and long-term demand.
đ§ Fun fact: This cycleâs BTC gains are +656%ânot as wild as past runs but pretty huge for an asset now worth over $2T!
đ§ Meanwhile... Bitcoin Upgrades Are Brewing
Forget the noise around OP_Return dramaâGalaxy Research says itâs not the big deal critics made it out to be. Instead, theyâre calling attention to the CheckTemplateVerify (CTV) upgrade, a proposal that could improve Bitcoin custody and scalability.
âĄď¸ Bybit Drops a Bomb: New Solana DEX!
Bybit just announced Byreal, a Solana-powered decentralized exchange with CEX-level liquidity and speed + DeFi transparency. The testnet drops June 30, and the mainnet comes later this year.
đ Quick Market Rundown:
BTC: Holding ~$105K after $1B+ in long liquidations
ETH$ETH : Up 2% to ~$2,550 đ
Gold: At $3,447 â Safe haven demand rising
Nikkei 225: +0.87% as Asia digests global tension
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â ď¸ Bottom Line: BTC is steady, but the next big move depends on geopolitics. Institutions are still hungry for Bitcoinâso donât let the short-term fear cloud the long-term vision.
Follow for daily crypto heat âď¸
By Crypto_-Nova
#BTC #Bitcoin #CryptoNews #BinanceSquare #Solana #Bybit #Ethereum #MiddleEast #InstitutionalAdoption