Bitcoin Stabilizes Near $105,000 Despite Israel-Iran Conflict Escalation
Key Points
- Bitcoin remained resilient amidst geopolitical turmoil, dipp...
Bitcoin just proved it has thicker skin than a seasoned day trader's ego. While missiles flew between Israel and Iran starting June 13, the world's favorite digital currency barely flinched, dropping a measly 3% before bouncing back to trade around $105,000 - just 6% shy of its May all-time high. For context, that's about as volatile as your uncle's stock picks at Thanksgiving dinner.
The math tells a story that would make even the most paranoid gold bugs pause. Bitcoin ETFs saw a staggering $1.3 billion in inflows during the week following the crisis, suggesting institutional investors view ...
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