Bitcoin Defies Middle East Turmoil, Climbs to $107.7K

Bitcoin Defies Middle East Turmoil, Climbs to $107.7K

Bitcoin price stabilizes and rallies amid regional conflicts, data shows

Bitcoin price has been able to quickly recover in the face of wars and armed conflict in the last ten years.

HTX DeepThink: Despite Middle East Tensions, Bitcoin Stays Resilient as Bullish Momentum Prevails

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Bitcoin Rises Before Falling Back From The $107,250 Mark

The price  of Bitcoin (BTC) has risen above the moving average lines twice after falling below the 21-day SMA level.

Bitcoin’s recovery above $107,000 ignites DeFi rally: PENDLE, AERO, UNI charge forward

Bitcoin (BTC) edges higher above $107,000 at press time on Tuesday after a 1.14% surge the previous day. Kicking off a minor market-wide recovery, Decentralized Finance (DeFi) tokens such as Pendle (PENDLE), Aerodrome Finance (AERO), and Uniswap (UNI) led the rally.

Bitcoin Takes Aim At New Highs Despite Bearish Factors - Data Intelligence

Key takeaways: Bitcoin (BTC) reclaimed $108,000 on Monday after retesting the $104,000 support level over the weekend. The gains came as conflict broke out in the Middle East and investors scaled back expectations for interest rate cuts in the United States, signaling stronger confidence in Bitcoin’s upside potential. Traders’ sentiment remained steady despite the worsening socio-economic outlook, as shown by Bitcoin derivatives metrics. Bitcoin…