Bitcoin hovers below $65,000 as Middle East tensions escalate further
60-second summary
Bitcoin hovers below $65,000 as Middle East tensions escalate further, with Brent crude surging to over $83 a barrel following Yemen's Iran-linked Houthis attacking Saudi Arabia. This escalation of tensions is fueling concerns about global economic instability, potentially boosting safe-haven assets like Bitcoin. Market volatility is expected to rise as tensions continue to escalate.
Brent crude has meanwhile moved to over $83 a barrel after Yemen’s Iran-linked Houthis attacked Saudi Arabia, further escalating tensions in the Middle East.