#markets

Escalating geopolitical tensions in the Middle East have triggered a significant risk-off sentiment across global markets, sending Bitcoin plummeting below $66,000 while international oil prices surged by nearly 20%. This article delves into the underlying drivers and potential implications for cryptocurrency and the broader global economy.

Bitcoin regained its momentum on Friday, surging past the $68,000 resistance level after a sharp correction on Thursday. Crypto-heavy stocks like MicroStrategy and MARA Holdings saw massive double-digit gains in early trading sessions.