Bitcoin Reaches Two-Month High Amid Middle East Conflict Optimism
Bitcoin rose to a two-month high as optimism grew over potential resolution of the Middle East conflict following Iran's announcement that the Strait of Hormuz is open for commercial traffic. The price of Bitcoin reached $78,343, with other digital assets also rising as markets shifted to a risk-on stance.
Topics: Bitcoin Digital Assets Geopolitical Risk Market Sentiment Middle East Conflict