CoinDesk·3 min read·hard
Bitcoin, ether steady, gold slides as US-Iran tensions escalate again
S
Shaurya Malwa
✦AI Summary
Bitcoin and ether prices remain relatively stable despite rising US-Iran tensions and a global selloff in traditional assets like gold and government bonds. Analysts suggest the crypto market is increasingly reacting to interest rate expectations rather than geopolitical conflict.
Brent crude climbed 1% to $78.80 a barrel, a third consecutive session of gains, after the U.S. military completed another round of strikes against Iran and both sides raised the prospect of closing the Strait of Hormuz.
cryptoeconomybusiness
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