Bitcoin Defies Geopolitical Shock As Iran Threatens Ukraine, Analyst Signals A ‘Regime Shift’.
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Key points:
Iran threatened Ukraine with potential strikes after President Zelensky sent drone-defense experts to help Gulf countries counter Iranian drone attacks.
Amidst this crisis, a CryptoQuant analyst said on Saturday that Bitcoin’s exchange whale ratio had reached its highest level in six years.
Meanwhile, Glassnode explained that Bitcoin had been trading between $62,000 and $72,000, with demand through U.S. spot Bitcoin ETFs beginning to stabilize after earlier outflows.
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