CoinDesk·3 min read·medium
Bitcoin hovers below $65,000 as Middle East tensions escalate further
F
Francisco Rodrigues
✦AI Summary
Bitcoin prices remain stagnant near $64,700 as geopolitical tensions in the Middle East escalate following Houthi attacks on Saudi Arabia. Investors are shifting toward safe-haven assets like gold, while concerns over inflation and high Treasury yields weigh on risk-on assets.
Bitcoin is holding near $64,700 Friday, barely changed over the last 24-hour period, while the broader CoinDesk 20 ( CD20 ) index is down 0.2% over the period.
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