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2025-06-25
19:53
Bitcoin Holds Above $100K Amid Iran-Israel Conflict: Institutional Support and Trading Opportunities for BTC

According to Omkar Godbole, Bitcoin (BTC) maintained stability above $100,000 despite geopolitical tensions between Iran and Israel, with Jeff Anderson of STS Digital noting this resilience suggests institutional players are going long. QCP Capital highlighted that BTC's price strength is underpinned by institutional adoption, evidenced by a smaller 3% pullback compared to last year's 8% drop during similar turmoil. Anderson added that the widening spread between ether (ETH) and BTC implied volatilities on Deribit presents yield opportunities for ETH holders through options selling. Corporate adoption is expanding beyond BTC, as Meme Strategy's SOL token acquisition boosted its stock, though SharpLink's ETH purchase led to a share decline. Large token unlocks for assets like ARB, ZK, and SOL could pressure altcoin prices, according to LondonCryptoClub.

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