#asian-markets2 articles

2 articles

CryptoBearishCoinDesk · 1h agoHOT4

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Bitcoin, cryptos under pressure as oil spikes 6% and global markets price in U.S.-Iran conflict

Bitcoin dropped to $66,700 as traditional markets opened following weekend U.S.-Iran military escalation. Oil prices surged 6% to $77 while Asian equities fell 1.4%, indicating broader risk-off sentiment affecting crypto markets.

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CryptoBullishBeInCrypto · 4h agoHOT2

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Bitcoin Outperforms Equities as Asia Markets Reel From Iran Strikes

Bitcoin demonstrated resilience during geopolitical turmoil, trading around $66,500 and outperforming Asian equity markets as military strikes on Iran caused widespread market sell-offs. While Asian stocks plunged and oil prices surged amid safe-haven demand, Bitcoin maintained relative stability despite weekend volatility between $63,000-$68,000.

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