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Bitcoin is currently under pressure – the price is dropping, and U.S. stock futures are also showing weakness. Background: Iran has attacked a Saudi oil refinery, causing nervousness in the markets.
We see this repeatedly – whenever there are geopolitical tensions, capital initially flees from riskier assets. Bitcoin reacts quite sensitively to this. I’m looking at the charts right now, and the price pressure is real.
It's interesting to observe how quickly the markets respond to such news. Energy prices rise, stock futures fall, and the crypto markets follow the trend. This is definitely an important factor for the coming days.