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Bitcoin Edges Lower as Middle East Tensions Weigh — Market Talk

By Exbasi Intelligence
Sourced from Dow Jones Newswires
Bitcoin Edges Lower as Middle East Tensions Weigh — Market Talk
Bitcoin falls slightly as concerns about persistent tensions between the U.S. and Iran dent risk sentiment. President Trump said he is not seeking an extension of the 60-day U.S. ceasefire with Iran which expired Monday. He also threatened to bomb Oman as he claimed the Gulf nation might be standing in the way of a peace deal. Bitcoin falls 0.2% to $64,261, LSEG data show. Bitcoin holding near $64,000 despite geopolitical pressure, exchange-traded fund outflows and crypto regulatory uncertainty signals improving resilience, although it doesn't yet prove institutional demand has fully returned, Zaye Capital Markets analyst Naeem Aslam says in a note. ([email protected])

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