BTC Stays Cool Amid Middle East Heat: A Resilient Rebound đ¤Ť
Despite Middle East tensions spiking last Friday with Iran-Israel headlines, Bitcoin (BTC) didnât spiral into chaos. It dipped to $102.8k but quickly bounced back to $107k, mirroring recoveries in other major cryptos and US equity futures. Institutional buyers like Metaplanet and Strategy kept scooping up BTC, and spot BTC ETFs saw steady inflows. Markets stayed calm, with BTC holding above $100k and volatility measures like implied vols and VIX remaining low. While risks like an Iranian oil blockade loom, some see BTCâs strength as a sign it thrives in global uncertainty, driven by debt and geopolitical woes.
Iâm impressed by BTCâs chill vibe here. Itâs shrugging off war jitters better than last year, which screams growing maturity. The institutional buying and ETF inflows are solid signs that big players see BTC as a safe bet in shaky times. But letâs not kid ourselvesâan oil price spike or US military moves could still rock the boat. For now, though, BTCâs holding its ground like a champ, and that âdigital goldâ narrative is looking stronger than ever.
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