$BTC

Jeff Anderson, Head of Asia at STS Digital, told CoinDesk $CD: "The dynamics of the cryptocurrency market from 2021 to today are completely different." He added, "Bitcoin is evolving into one of the treasury assets, so it's very difficult to extrapolate the chart patterns of an asset undergoing massive structural changes."

Anderson added that the price movement over the weekend was "encouraging," noting Bitcoin's stability at around $105,000 even as strikes exchanged between Iran and Israel.

As the saying goes: If the market doesn't drop significantly due to bad news, it indicates that the big players might be leaning towards buying.