According to Omkar Godbole, markets reacted to U.S. airstrikes on Iran with initial oil price spikes that reversed alongside bitcoin BTC gains, as Valentine Fournier from BRN emphasized BTC's resilience due to growing institutional demand from entities like Metaplanet. Fournier also predicted Solana SOL could outperform in a recovery, while Mean Theodorou from Coinstash highlighted potential volatility from macro events like Fed Chair Jerome Powell's testimony and core PCE data release, advising caution with altcoins.

According to Omkar Godbole, markets reacted mildly to Middle East tensions, with oil prices reversing early gains alongside Bitcoin (BTC) and S&P 500 futures. Valentine Fournier of BRN stated that long-term catalysts, such as institutional adoption by entities like Metaplanet and Texas, will overcome short-term bearish sentiment, predicting a BTC rebound and Solana (SOL) outperformance once volatility subsides. Mean Theodorou of Coinstash warned of ongoing volatility from macro events like U.S.-Iran tensions and Federal Reserve Chair Powell's testimony, advising caution with altcoins like DOGE, ADA, and SOL due to recent double-digit losses. Key trading events include Powell's congressional testimony and core PCE data release this week.