Bitcoin Edges Lower Amid Rising Middle East Tensions — Market Talk
Bitcoin falls slightly as an escalation in the Middle East conflict weighs on risk appetite. The U.S. military announced a ninth consecutive night of attacks targeting Iran late Sunday after a U.S. service member was killed. "With no important U.S. data scheduled today, bitcoin's direction will depend mainly on exchange traded fund flows, the dollar, Treasury yields, geopolitical developments and progress toward clearer crypto regulation," Zaye Capital Markets analyst Naeem Aslam says in a note. Bitcoin falls 1.0% to $63,845, LSEG data show. ([email protected])