Bitcoin Trades Steady Amid Investor Caution Over Israel-Iran Conflict — Market Talk

Bitcoin trades steady as investors remain cautious about taking risks amid worries over the Israel-Iran conflict. The WSJ reports that President Trump told senior aides Tuesday that he approved of attack plans for Iran. However, he's holding off on giving the final order to see if Tehran would abandon its nuclear program. Market sentiment is growing more cautious on the prospect of U.S. involvement in the conflict, Tickmill Group's Patrick Munnelly says in a note. This adds to existing concerns after the Federal Reserve downgraded its growth forecast for this year and projected higher inflation at Wednesday's meeting, he says. The Fed highlighted that tariff-related uncertainties are complicating the rate outlook. Bitcoin trades flat at $104,844, according to LSEG. ([email protected])