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  1. Home
  2. Pulse of the market
  3. Bitcoin Shows Strength Despite Global Tensions

Bitcoin Shows Strength Despite Global Tensions

Scheduled Pinned Locked Moved Pulse of the market
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  • chainsniffC Offline
    chainsniffC Offline
    chainsniff
    wrote last edited by
    #1

    f34163eb-a898-4ff2-8d08-2dabca79f236-image.png

    Even amid rising geopolitical tensions in the Middle East involving the United States, Israel, and Iran, Bitcoin has shown notable resilience. Ryan McMillin, chief investment officer at Merkle Tree Capital, said Bitcoin’s ability to remain strong during global uncertainty is helping restore confidence among traders.

    McMillin also pointed to growing institutional momentum, highlighting major purchases from Strategy, which reportedly bought nearly 18,000 Bitcoin last week and added more this week. Combined with cooling inflation and potential regulatory clarity in the US, analysts believe these factors could create momentum that pushes Bitcoin toward $80,000 as short sellers face increasing pressure.

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    • nihalsariN Offline
      nihalsariN Offline
      nihalsari
      wrote last edited by
      #2

      ohhh so trump says war might chill and suddenly bitcoin’s a rocket ship again the markets really do be vibing off his twitter rants huh lol

      1 Reply Last reply
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