Since last Saturday, tensions between Iran, the United States, and Israel have continued to escalate. Despite strong demands from the U.S., there are no signs of de-escalation. As the risk of conflict rises, market sentiment briefly pushed Bitcoin's price to a weekly high of $74,000. However, this resistance level failed to break, and the price subsequently retreated to around $68,000 due to weak U.S. non-farm payroll data and Trump's latest remarks regarding Iran and Cuba.
Although the market continues to fluctuate around $68,000 today, if geopolitical conflicts further escalate, Bitcoin may become one of the few safe-haven assets that can be traded continuously over the weekend, triggering greater volatility. While the crypto market is not a safe harbor in the traditional sense, its trading activity may amplify sentiment-driven price fluctuations during periods of limited global financial liquidity.
Geopolitical Tensions Rise: Can Bitcoin Withstand the Impact of Geopolitical Risks?
As the situation in Iran escalates, Bitcoin is fluctuating around $68,000. Despite short-term pressure, the crypto market may experience sharp volatility due to concentrated weekend liquidity if the conflict intensifies.