Bitcoin holds near $80,000 as ETF inflows offset Iran crisis and surging oil prices
Bitcoin demonstrated notable stability despite escalating tensions between the United States and Iran, maintaining a level just below $80,000 after U.S. forces targeted three Iranian oil tankers, leading to a surge in crude prices above $96 per barrel. Traditionally, geopolitical shocks and rising energy prices have triggered sharp declines in Bitcoin’s price as investors reassess risk and liquidity. Previous intensifications in the Iran-U.S. conflict drove steep selloffs in crypto markets, as traders responded to both higher oil prices and increased U.S. Treasury yields.