These forces could push Bitcoin higher this week even as US-Iran tensions continue to rattle markets
The post These forces could push Bitcoin higher this week even as US-Iran tensions continue to rattle markets appeared on BitcoinEthereumNews.com. Make CryptoSlate preferred on Bitcoin is entering one of its most consequential trading weeks since its February correction, with Middle East tensions pushing oil prices higher, inflation expectations hardening, and options traders positioning for a possible break above $85,000. According to CryptoSlate’s data, the largest digital asset briefly dipped on Sunday after President Donald Trump rejected Iran’s latest response to a US peace proposal, then recovered above $82,000 before easing near $81,034 as of press time. The move kept Bitcoin inside the narrow range that has defined trading in recent weeks, even as geopolitical risk continued to feed into energy markets and rate expectations. Notably, Trump called Iran’s counteroffer “TOTALLY UNACCEPTABLE” after Tehran sought war reparations, the unfreezing of blocked financial assets, and recog