Bitcoin shows its strength while the world burns
In a world shaken by the climb of tensions in the Middle East, Bitcoin (BTC) maintains its position above $ 100,000, resisting global turbulence.
On June 12, the price of Bitcoin suffered an abrupt fall up to $ 104,000, After the news of a massive air attack from Israel against Iran.
However, yesterday, Bitcoin reached $ 108,000, after five days of lateralization, although today it has retreated at $ 105,000 in the intensification of the conflict and the rumors of a possible intervention by the United States with Israel.
This confrontation introduces uncertainty in the global economy, complicating the panorama for financial markets, including digital assets.
Despite this, Bitcoin remains one of the 10 most valuable assets on the planet, backed by an increasingly solid narrative among investors who see it as “digital gold”, a shelter against financial and geopolitical instability. But, as long as it remains perceived as “risk” asset, its price will respond in the short term to market dynamics marked by fear, risk aversion and external shocks.
On the other hand, the attention of investors deviates towards the Federal Reserve (Fed) meeting of the United States scheduled for tomorrow, June 18, as reported by cryptoics. The statements of its president, Jerome Powell, could offer signs about the future of interest rates, currently in 4.50% per year.
The majority projections They suggest that there will be no cuts on this occasion, a key factor that could influence Bitcoin’s course and other digital assets in the short and medium term.
