Bitcoin’s Bullish Resilience Amid Geopolitical Tensions
Despite escalating geopolitical tensions between the U.S. and Iran, the cryptocurrency market has shown remarkable resilience. Equities are rising, and oil prices are falling, with President Trump's peace-leaning social media post adding a layer of calm to the chaos. Crypto analyst VirtualBacon advises against fear-selling, emphasizing that the current market weakness presents a prime buying opportunity. Bitcoin remains structurally bullish as long as it stays above the $85k threshold, with its 50-week SMA acting as a strong support level. Investors are eyeing the ideal entry zone to capitalize on potential gains, as the broader crypto market sentiment stays optimistic. This scenario underscores Bitcoin's role as a hedge in turbulent times and highlights the growing maturity of digital assets in global finance.
Top 5 Altcoins to Buy Right Now For 2x Profits Soon
Geopolitical tensions between the U.S. and Iran have failed to dampen crypto sentiment, with equities rising and oil prices falling. President Trump's peace-leaning social media post has added calm to the chaos. Crypto analyst VirtualBacon advises against fear-selling, framing current market weakness as a buying opportunity.
Bitcoin remains structurally bullish above $85k, with its 50-week SMA providing support. The ideal entry zone lies between $94k and $95k, aligned with the 20-week SMA. A potential double-top pattern could deliver the long-awaited entry point if the neckline breaks.
On-chain metrics show neutral sentiment, with the Fear & Greed Index at 47 indicating market indecision. BTC dominance stands firm at 64.5%, maintaining its command over the broader crypto market.
Bitcoin Defies Geopolitical Tensions with Swift Rebound Above $102K
Bitcoin exhibited remarkable resilience following a U.S. military strike on Iranian nuclear facilities, initially plunging below $99,000 before surging past $102,000 within 24 hours. The asset's rapid recovery challenges conventional market psychology, signaling its evolving role as a hedge against geopolitical instability.
Oil markets moved inversely, dropping 5% despite the Middle East escalation. Institutional buyers capitalized on the dip, driving Bitcoin's V-shaped recovery. The Pentagon's "Midnight Hammer" operation marked the largest B-2 stealth bomber deployment in history, yet crypto markets absorbed the shock with unprecedented efficiency.
The Smarter Web Company Boosts Bitcoin Holdings to 543 BTC
UK-based web development firm The Smarter Web Company has expanded its Bitcoin treasury with a 196.9 BTC purchase at an average price of $103,290. The acquisition elevates its total holdings to 543.52 BTC—a decisive bet on cryptocurrency as a core reserve asset.
Corporate adoption of Bitcoin continues gaining momentum, with forward-looking firms allocating treasury reserves to digital assets. This strategic accumulation reflects growing institutional confidence in Bitcoin's long-term value proposition beyond speculative trading.
Texas Establishes First State-Backed Bitcoin Reserve with $10M Allocation
Texas has cemented its position as a crypto-forward state with Governor Greg Abbott signing Senate Bill 21 into law, creating the nation's first publicly funded bitcoin reserve. The $10 million allocation, though modest relative to Texas' budget, represents a watershed moment for institutional crypto adoption.
The reserve will operate independently under the state comptroller's oversight, with a dedicated crypto advisory committee guiding investment strategies. Unlike symbolic proposals in Arizona and New Hampshire, Texas' MOVE includes actual capital deployment - with provisions for growth through forks, airdrops, and public donations.
"This isn't just legislation - it's a proof of concept for state-level Bitcoin treasuries," says Texas Blockchain Council president Lee Bratcher. The initiative establishes biannual transparency reports while sidestepping the volatility concerns that have stalled similar efforts elsewhere.
