Bitcoin remained relatively steady near $66,000 on Monday as traders absorbed the geopolitical shock from escalating tensions in the U.S.-Iran conflict, which included reports of the Iranian supreme leader’s death in a U.S.-Israeli airstrike. This development contributed to a significant drop in Asian stock markets and a surge in oil prices, with Brent crude climbing more than 7% to around $78 per barrel. Despite the volatility, crypto markets demonstrated resilience during the weekend turmoil, with no noticeable stress in stablecoins or liquidation cascades, suggesting that investors are treating the geopolitical risk as a temporary concern rather than a prolonged downturn.
Bitcoin holds near $66,000 amid escalating US-Iran tensions
