Bitcoin (BTC) is operating at high levels, seeking to recover from the declines it experienced over the weekend, which were initiated by the conflict between Israel and Iran. Bombings continue between the two countries, increasing tensions in the Middle East, leading to uncertain impacts on geopolitics, as while Israel is an ally of the United States, Iran has relations with Russia. The effects of the hostilities have already begun to manifest in the price of oil, which has risen significantly since the first ballistic missile was launched.