tldr; Bitcoin remains stable above $61,100 despite geopolitical tensions, with significant whale buying activity suggesting anticipation of a future bull run. The broader crypto market saw a decline of over 3%, influenced by Iranian airstrikes on Israel. Bitcoin ETFs experienced outflows, while Ethereum ETFs saw inflows. XRP dropped over 10% following the SEC’s appeal against a regulatory ruling. The market sentiment remains cautious amid geopolitical events and regulatory developments.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
MirrorPiNet on
its the same whales buying and selling over and over again and everyone else rides on their backs
sadiq_238 on
It better, lost 7k lol
Electronic-Still6565 on
Steady….till its not.
MichaelAischmann on
I think “despite” is not the right term here.
When geopolitics get nasty, fiat currencies struggle, sometimes even end entirely. History is full of failed state issued currencies and the reason they ended was not seldom of geopolitical nature.
The network rules & the functioning of Bitcoin on the other hand does not change in the face of conflict between nations. It could even be seen as a safe haven in times of political turmoil due to it’s independence from it.
kirtash93 on
Diamond hands to me!
ra246 on
It’s ridiculous we’re holding at $60k despite everything going wrong in the Middle East, plus there’s strong fear. We’re not even in greed.
diwalost on
Geopolitical whales
Physical_Percentage9 on
While the world is tense, it’s fascinating to see Bitcoin holding steady at $61K! With whales buying in, it’s clear they see potential amidst the chaos. Who knew geopolitical tension could lead to a bullish wave in crypto? Let’s see if this momentum can continue!
Slight-Syrup6769 on
3 Years late but 100k EOY babyyyy!
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dimi727 on
Are they buying or are they the one who are trading and fucking the prices?
15 Comments
tldr; Bitcoin remains stable above $61,100 despite geopolitical tensions, with significant whale buying activity suggesting anticipation of a future bull run. The broader crypto market saw a decline of over 3%, influenced by Iranian airstrikes on Israel. Bitcoin ETFs experienced outflows, while Ethereum ETFs saw inflows. XRP dropped over 10% following the SEC’s appeal against a regulatory ruling. The market sentiment remains cautious amid geopolitical events and regulatory developments.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
its the same whales buying and selling over and over again and everyone else rides on their backs
It better, lost 7k lol
Steady….till its not.
I think “despite” is not the right term here.
When geopolitics get nasty, fiat currencies struggle, sometimes even end entirely. History is full of failed state issued currencies and the reason they ended was not seldom of geopolitical nature.
The network rules & the functioning of Bitcoin on the other hand does not change in the face of conflict between nations. It could even be seen as a safe haven in times of political turmoil due to it’s independence from it.
Diamond hands to me!
It’s ridiculous we’re holding at $60k despite everything going wrong in the Middle East, plus there’s strong fear. We’re not even in greed.
Geopolitical whales
While the world is tense, it’s fascinating to see Bitcoin holding steady at $61K! With whales buying in, it’s clear they see potential amidst the chaos. Who knew geopolitical tension could lead to a bullish wave in crypto? Let’s see if this momentum can continue!
3 Years late but 100k EOY babyyyy!
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Are they buying or are they the one who are trading and fucking the prices?
Not believing these articles anymore
Silly news