The market briefly shook off the impact of the Iran conflict, and the price of Bitcoin returned to above $101,000.

As investors reacted to the U.S. and Israel's airstrikes on Iran's nuclear facilities, Bitcoin's price briefly fell to $98,385 over the weekend. However, it quickly rebounded early Monday morning, and the current BTC trading price has surpassed $101,000, recovering the losses from the weekend.

At the same time, gold prices briefly touched $3,398 before retreating to $3,364, while oil prices have also given back earlier gains, currently showing only a slight increase.

The military operation was jointly carried out by the United States and Israel, involving more than 125 aircraft attacking Fordow, Natanz, and Isfahan. In response, Iran launched missile and drone strikes against Israeli cities and threatened to attack U.S. military bases in the Gulf.

Subsequently, the Iranian foreign minister went to Moscow for urgent consultations, while President Trump stated that the United States would suspend further military actions. The final decision on the next steps is expected to be made within two weeks, with European leaders calling for all parties to exercise restraint and expressing an openness to restarting diplomatic negotiations.

Despite the escalating situation, the market quickly regained stability. The Kobeissi Letter noted on X: "The market still expects the war to be short-lived," while also mentioning that oil prices remain well below historical levels during disruptions in the Strait of Hormuz.

The cryptocurrency market is showing a convergence trend. Although Bitcoin experienced a sell-off during the weekend peak, traders are beginning to return to the market as risk appetite rebounds. Pav Hundal stated that a large amount of volatile trading occurred just hours after the U.S. airstrikes on Iranian nuclear targets, and trading volume remains high.

Hundal believes that if the tensions in the Middle East ease, investor confidence will rebound, and prices will begin to rise. However, he also points out that no one can predict with certainty what will happen next in the Middle East, which brings great uncertainty to traders.

In summary, Bitcoin, as an emerging asset class, has seen a market reaction to lower risk after the Sunday event, which is not unreasonable, but this once again reminds us that the nature of the cryptocurrency market is still accompanied by high volatility.

Do you think the recent rebound in Bitcoin's price is just a flash in the pan, or does it indicate a stronger upward trend? Leave your thoughts in the comments!

#比特币价格 # US strikes on Iran #Iran and Syria conflict