QCP: BTC remains resilient amid Middle East geopolitical crisis, and institutions continue to buy
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币界网报道：QCP Capital Analysis pointed out that despite the renewed tension in the Middle East, BTC has remained relatively stable, recovering to around $107,000 after falling to $102,800 last Friday due to the Iran-Israel news. Continued institutional buying, including Metaplanet and multiple spot ETFs rising for seven consecutive weeks, supported market sentiment. Currently, BTC, along with other major asset classes, has not shown obvious signs of panic in the context of geopolitical risks, but in the future, we still need to pay attention to the developments in the Strait of Hormuz and the impact of potential further escalation risks on the market.
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