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Bitcoin steady near $66,000 as Asia stocks fall, oil jumps on US-Iran war

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Bitcoin maintained its stability around the $66,000 mark during early Monday trading, showing resilience despite a wave of risk-off sentiment sweeping through global markets. Geopolitical tensions surged following reports of escalated conflict between the United States and Iran, causing significant volatility. Asian equity markets reacted negatively, with major indices in Japan and Hong Kong sliding as investors pivoted away from traditional risk assets. Simultaneously, crude oil prices jumped sharply on fears of supply chain disruptions in the Middle East. While stocks faced selling pressure, the cryptocurrency market’s ability to hold key support levels suggests a growing divergence in investor behavior during geopolitical crises. Analysts are closely monitoring the situation, noting that further military escalation could drive both energy prices and safe-haven demand higher in the coming days.

Source: Bitcoin steady near $66,000 as Asia stocks fall, oil jumps on US-Iran war

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