#VietnamCryptoPolicy Bitcoin strengthened on Monday, recovering some of its recent losses after the renewed Iran-Israel conflict undermined risk appetite and at one point sent the world's largest cryptocurrency to a weekly low.

Prices of other cryptocurrencies also followed Bitcoin's rise, recovering losses. However, risk appetite remained under pressure from the Iran-Israel conflict after both sides exchanged a series of devastating strikes over the weekend.

After falling to $102,000 over the weekend, Bitcoin rose by 1.16% to $106,820 as of 10:04 MSK.