Bitcoin maintained its position above the critical $100,000 threshold amid escalating Middle East tensions, trading at $106,800 as of Monday morning ET—a 2.12% increase from Friday’s 4 p.m. ET close according to CoinDesk data. This resilience occurred despite Iran and Israel exchanging military strikes over the weekend, with Bitcoin’s modest 3% pullback on Friday contrasting sharply with April 2023’s 8% drop during similar geopolitical turmoil, as noted by Singapore-based QCP Capital. Jeff Anderson, head of Asia at STS Digital, told CoinDesk that Bitcoin’s stability signals institutional accumulation, describing it as an evolution toward treasury-asset status that invalidates direct comparisons to the 2021 bull market’s twin peaks near $70,000. Corporate adoption expanded beyond Bitcoin, exemplified by Hong Kong-listed Meme Strategy’s 20% stock surge after acquiring 2,440 Solana tokens worth $370,000. Conversely, Nasdaq-traded SharpLink’s shares plummeted following its ether purchase disclosure. Broader market sentiment steadied as S&P 500 futures rose 0.48% early Monday, though Barchart.com reported credit markets pricing in a potential six-level U.S. sovereign downgrade to BBB, barely above junk status. Key imminent events include Japan’s Bank monetary policy decision late Monday and U.S. May retail sales data on Tuesday, forecasted to show a 0.7% monthly contraction. The U.S. Senate’s pending vote on the GENIUS Act stablecoin bill adds regulatory uncertainty, while Brazil’s B3 exchange launches ether and solana futures contracts benchmarked to Nasdaq indices. Large altcoin unlocks loom, with LondonCryptoClub warning of $39.55 million ZK token unlocks and $10.73 million APE releases within 48 hours, alongside daily linear unlocks exceeding $1 million for SOL and AVAX. Bitcoin’s dominance dipped slightly to 64.6% as ether gained 4.75% to $2,612.88, narrowing the ETH/BTC ratio to 0.02454. The CoinDesk 20 Index rose 3.5% to 3,116.85, reflecting broad crypto strength despite supply overhangs. Spot Bitcoin ETFs recorded $301.7 million inflows on Friday, pushing cumulative flows to $45.59 billion per Farside Investors, while spot ether ETFs saw $2.1 million outflows. Crypto equities signaled confidence with MicroStrategy pre-market up 1.6% and Coinbase rising 2.7%. Technical analysis showed Bitcoin’s three-line break chart printing a bullish green brick on June 9, indicating sustained upward momentum. Volatility metrics eased as Volmex’s 30-day Bitcoin Implied Volatility Index declined to an annualized 42.7%, reversing Friday’s 46.12% spike. Deribit data revealed ether options trading at a widening premium to bitcoin’s, suggesting yield opportunities for ETH holders writing covered calls. Bitcoin perpetual funding rates stabilized at 0.0055% on Binance, equivalent to 6.0367% annualized, while CME futures basis held between 5%-10%. Despite Middle East risks, Bitcoin’s front-end implied volatility remained below 40%—half the S&P 500 VIX’s 20—signalling relative calm. The resilience underscores Bitcoin’s growing haven appeal amid sovereign credit deterioration, with QCP Capital attributing it to deepening institutional adoption. However, altcoins face asymmetric risks from token unlocks and regulatory events, creating tactical short opportunities in high-supply assets like ZK and APE versus Bitcoin’s structural strength. Traders should monitor Tuesday’s U.S. retail sales miss potential for dollar strength spillovers and ETH/BTC volatility spreads for relative-value trades.