Bitcoin price soars over 6%, returning to $71,000, reversing the market panic triggered by tensions in the Middle East, outperforming gold, which has retreated from its highs. Analysts believe that Bitcoin demonstrates defensive characteristics and can hedge against potential inflation caused by currency issuance due to conflicts. Currently, $63,000 is seen as a key support level.

BTC2.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin