QCP Capital analysis points out that despite the renewed tension in the Middle East, BTC remains relatively stable, having rebounded to around $107,000 after falling to $102,800 last Friday due to Iran-Israel news. Institutional buying continues, including Metaplanet and several spot ETFs with seven consecutive weeks of inflows, supporting market sentiment. Currently, BTC, along with other major asset classes, has not shown significant signs of panic under geopolitical risks, but future attention should be paid to developments in the Hormuz Strait and potential further escalation risks that may impact the market.
QCP: BTC remains resilient amid Middle East geopolitical crisis, and institutions continue to buy
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