Recent geopolitical tensions have escalated even further, particularly after last night’s US airstrikes in Iran. As a consequence, investors are wondering if Bitcoin has shattered its status as a safe-haven asset. Bitcoin proponents point to its decentralized infrastructure as the thing that will make it the ultimate safe haven amid...
Bitcoin got battered, crashing to $103,500. Traders were reducing their risk tolerance ahead of the Federal Open Market Committee’s (FOMC) meeting announcement. The decision came in the context of rising geopolitical tensions, especially with the Israel-Iran conflict. This positive disposition contributed to risk-off sentiment across the entire market.Bitcoin’s price action...
Michael Saylor, co-founder of software giant MicroStrategy, has given early warning of an imminent Bitcoin buy by the firm. The announcement comes as global financial markets prepare for unprecedented chaos following the invasion of Israel by Iran and its proxies.Saylor's hint, delivered via a Bitcoin chart posted on Monday, suggests...
Bitcoin's price teeters on a precarious edge as geopolitical instability in the Middle East and investors' risk aversion threaten a descent below the $100,000 mark. The flagship cryptocurrency rallied to a weekly high of $110,653 on Monday. Since then, it has fallen 3.5%, settling at $106,600 low on Thursday. Many...
Bitcoin’s value has made an impressive leap, up 1.13% to $84,655. This resurgence comes against a double-edged landscape of geopolitical strife and discord, coupled with strategic long-term corporate investments and global market volatility.Bitcoin’s price volatility has been well documented, with major declines quickly followed by rebounds. The cryptocurrency's recent rebound...
