Bitcoin Holds Above $100K Amid Iran-Israel Tensions: Trading Analysis and Altcoin Risks
According to STS Digital and QCP Capital, Bitcoin (BTC) maintained stability above $100,000 despite geopolitical conflicts between Iran and Israel, indicating strong institutional adoption and reduced market fear. QCP Capital highlighted that BTC's 3% pullback was minor compared to last year's 8% drop during similar turmoil, with Volmex's implied volatility index declining to 42.7%. STS Digital noted that ether (ETH) options are becoming relatively costlier, offering yield opportunities for holders. However, LondonCryptoClub warned of potential altcoin pressure from large upcoming unlocks for tokens like SOL, ARB, and APE.
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