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Bitcoin Holds Steady Near $77,500 Even As Middle East Tensions Push Oil Higher
Bitcoin stayed firm in Asian trading hours after a fresh military escalation between the U.S. and Iran rattled global markets. While oil jumped and stock futures slipped, the btc barely moved, holding near $77,500 and once again proving its strength compared with traditional assets during periods of geopolitical stress.
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Bitcoin stayed firm in Asian trading hours after a fresh military escalation between the U.S. and Iran rattled global markets. While oil jumped and stock futures slipped, the btc barely moved, holding near $77,500 and once again proving its strength compared with traditional assets during periods of geopolitical stress.
Oil Jumps, Gold and Stocks Slide
Crude oil prices climbed close to 2% following the attack near the Strait of Hormuz, a critical route for global oil shipments. Gold, often seen as a safe-haven asset, dropped instead, and Nasdaq futures also edged lower.
Bitcoin has climbed roughly 23% this month, far outperforming gold and major stock indexes.
Live market reaction
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
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Emerging voice in crypto journalism with a background in fintech and digital economics. Covers DeFi, NFTs, and the evolving regulatory landscape.
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