Bitcoin Steadies Around $65,000 Amid Oil Price Surge
Bitcoin's price held steady around $65,000 on Friday despite Brent crude reaching its highest level since mid-May at $97.66 per barrel.
The conflict involving Iran showed no signs of easing, but BTC gained as much as 1.1% from midnight UTC, briefly touching $65,760, while ether rose by up to 1.6%.
Traditional markets remained subdued, with U.S. index futures slightly positive, gold above $4,000, and the Dollar Index marginally lower.
The cryptocurrency market's calm response to an oil shock offered a constructive signal, as earlier energy spikes had unsettled risk assets across the wider digital asset complex.