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Analysis: BTC Unaffected by US Intervention in Iran Conflict, Strong Reversal in Short-Term Decline

Summary: According to CoinDesk, CoinDesk Research analysis indicates that Bitcoin was unaffected by US intervention in the Iran conflict, with a short-term decline followed by accelerated trading volume and a strong reversal in momentum. Although Bitcoin briefly dropped below $101,000, it quickly rebounded to above $102,000. Market participants responded swiftly to this decline, leading to a ...

According to CoinDesk, CoinDesk Research analysis indicates that Bitcoin was unaffected by US intervention in the Iran conflict, with a short-term decline followed by accelerated trading volume and a strong reversal in momentum. Although Bitcoin briefly dropped below $101,000, it quickly rebounded to above $102,000. Market participants responded swiftly to this decline, leading to a strong rebound as trading volume accelerated and momentum reversed.

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