According to Francisco Rodrigues, bitcoin (BTC) dropped 1.7% due to rising Middle East tensions, as investors shifted to safe havens like gold, causing broader crypto market declines. However, subdued U.S. inflation data increased expectations for Federal Reserve rate cuts, potentially boosting risk assets. Boris Alergant noted BTC could reach $200,000 by year-end due to institutional demand, while James Butterfill highlighted $900 million in digital asset inflows indicating rebounding confidence.