Bitcoin Consolidates Amid Middle East Tensions and US Crypto Regulatory Debate

Bitcoin and other major cryptocurrencies experienced cautious trading amid escalating geopolitical tensions in the Middle East, with Bitcoin consolidating between $65,000 and $69,500. Analysts noted resilience due to structural factors like ETF inflows and long-term holding despite market volatility linked to the Iran conflict. Meanwhile, US political developments include former President Trump urging banks to support crypto legislation, emphasizing competition with China and opposing banking resistance to stablecoin yield provisions. Overall, crypto markets reflect uncertainty amid geopolitical and regulatory dynamics.