Bitcoin Holds Near $64K as Oil Surges on US-Iran Tensions

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Bitcoin remained largely unchanged near the $64,000 mark as broader market forces dominated sentiment. Brent crude oil surged nearly 4%, reaching a one-month high amid escalating tensions stemming from U.S.-Iran military strikes. Meanwhile, Asian semiconductor stocks continued to face selling pressure following a shock triggered by Chinese AI startup Kimi's emergence on Friday. The ripple effects of that AI-driven selloff lingered across regional chip markets into the new trading week.

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Crypto & Web3CoinDesk ·

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Crypto & Web3CoinDesk ·

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