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Bitcoin’s Geopolitical Surge: Russian Lawmaker Foresees Price Rally Amid India-Pakistan Tensions

Bitcoin’s Geopolitical Surge: Russian Lawmaker Foresees Price Rally Amid India-Pakistan Tensions

Published:
2025-07-03 12:00:12
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Amid rising tensions between India and Pakistan, Russian lawmaker Anatoly Aksakov predicts a significant surge in Bitcoin's price. As Chairman of the Russian State Duma's Financial Markets Committee, Aksakov highlights a historical trend where investors turn to gold and cryptocurrencies during geopolitical crises. He suggests that the current situation could mirror this pattern, driving Bitcoin's value upward. Additionally, Aksakov points to Bitcoin's alleged use in cross-border arms deals, underscoring its role in high-stakes global transactions. This dual narrative of investment haven and controversial utility positions Bitcoin at the center of both financial and geopolitical discussions.

Russian Lawmaker Predicts Bitcoin Price Surge Amid India-Pakistan Tensions

Anatoly Aksakov, Chairman of the Russian State Duma's Financial Markets Committee, asserts that escalating tensions between India and Pakistan could catalyze a bitcoin rally. Global investors, he claims, traditionally flock to gold and crypto during geopolitical crises—a pattern likely to repeat here.

Aksakov reveals a darker undercurrent: Bitcoin's alleged use in cross-border arms deals. The cryptocurrency's pseudonymous nature makes it an attractive tool for illicit transactions, particularly in conflict zones. This dual narrative—speculative haven and shadow currency—adds complexity to BTC's market dynamics.

Bitcoin Bulls Dominate Futures Market – $100K Level Now In Focus

Bitcoin surged past $99,000 for the first time since February, reigniting bullish sentiment as traders eye the psychologically critical $100,000 threshold. The breakthrough follows weeks of consolidation, with technical and on-chain indicators suggesting sustained upward momentum.

Futures market data reveals persistent dominance by long positions, though trading volume has dipped slightly from early May peaks. Analysts interpret this as consolidation rather than weakening conviction, with derivatives traders positioning for a potential bull cycle continuation.

Will Twenty One Capital Turn Bitcoin Into Just Another Wall Street Asset?

The launch of Twenty One Capital has sparked both Optimism and skepticism across traditional finance and crypto circles. Backed by industry heavyweights like Tether and SoftBank, the Bitcoin-native venture led by Strike CEO Jack Mallers aims to bridge the gap between decentralized and institutional finance.

Market observers remain divided on whether this signals Bitcoin's maturation or its co-option by Wall Street. "The involvement of established players validates crypto's staying power," notes Matt Mena of 21Shares, while Quantum Economics' Mati Greenspan cautions against dilution of Bitcoin's original ethos.

Bitcoin Bulls In Control as Binance Taker Buy-Sell Ratio Signals Strong Momentum

Bitcoin's bullish momentum appears to be strengthening, with the Binance Taker Buy-Sell Ratio climbing to 1.131, according to on-chain analyst Crazzyblockk. This metric, which measures aggressive buyer dominance on Binance, suggests upward pressure as BTC trades above $100,000.

The ratio's position above 1 clearly indicates market control by buyers—a stark contrast to bearish conditions signaled by values below that threshold. Such movements often precede sustained price rallies when accompanied by strong volume and market depth.

Coinbase Q1 Revenue Declines Amid Slumping Trading Activity

Coinbase, the largest publicly traded cryptocurrency exchange in the U.S., reported a 10% drop in first-quarter revenue, falling short of Wall Street expectations. The company attributed the decline to reduced trading activity, even as the broader crypto market showed signs of recovery.

Total revenue for the quarter stood at $2.03 billion, missing analysts' estimates of $2.2 billion. Despite Bitcoin's rally to nearly $100,000 during the period, user activity failed to lift trading revenue. Transaction revenue settled at $1.26 billion, below the projected $1.33 billion, as retail investors remained cautious and institutional participation waned.

CZ Urges Bitcoin Investors to Stay Calm as BTC Surges Past $100K

Binance founder Changpeng Zhao advised Bitcoin holders to avoid panic selling as the cryptocurrency breached the $100,000 threshold. His remarks coincided with a 5.52% daily surge, pushing BTC to $101,316.38—a move that returned over three million coins to profitability.

Market resilience appears strongest among long-term holders, according to Coinglass data. The milestone reignites bullish sentiment after weeks of sideways trading, validating the strategy of emotional discipline during volatility.

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