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Forex

Bitcoin Holds Steady Amid Market Turmoil and Hawkish Fed Signals

Guavy AI Editorial Team
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USD
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Bitcoin's recent price action has shown remarkable resilience in the face of market turmoil, including a weekend of escalating violence in the Middle East and a hawkish tone from the Federal Reserve.

The cryptocurrency held near $78,623 on Monday, slipping just 0.7% over 24 hours even as fresh U.S. military strikes on Iran sent oil prices surging and knocked equities lower.

This kind of composure against a backdrop that would normally spook risk assets is exactly why traders and analysts are paying closer attention than usual.

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