SShortSingh.
Back to feed

Bitcoin holds steady after U.S. strikes on Iran, up 24% for the month

0
·35 views

Bitcoin remained largely unmoved following U.S. military strikes on Iran, even as broader markets reacted with a risk-off response. Oil prices rose and stocks fell in the wake of the strikes, but the cryptocurrency showed resilience. Bitcoin has gained approximately 24% this month, putting it on course for its strongest monthly performance since November 2024. The divergence highlights Bitcoin's increasingly independent behavior from traditional risk assets during geopolitical events.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Log in to join the discussion and vote.

Log in

Related stories

0
Crypto & Web3CoinDesk ·

Brooklyn prosecutors and FBI dismantle crypto fraud ring targeting Russian speakers

Brooklyn prosecutors and the FBI have taken down a large cryptocurrency fraud network that focused on Russian-speaking victims. According to the allegations, the operation drew people in through Russian-language Facebook advertisements and posed as financial advisers. The scheme is said to have stolen tens of millions of dollars from its targets. Victims were then approached a second time with false offers to recover their lost funds.

Bitcoin holds steady after U.S. strikes on Iran, up 24% for the month · ShortSingh