Bitcoin managed to play losses and recovered from a weekly minimum of $ 102,800 to $ 106,800. Large altcoins and futures on American promotions showed similar dynamics, analysts drew attention.
The stable position of the first cryptocurrency is supported by the ongoing accumulation of large investors-legal entities. Metaplanet and Strategy continued to buy an asset, and spot-bitcoinETF The seventh week of the influx of funds in a row was recorded, experts of QCP Capital said.
The subsidence of the quotes on June 13 is 3% inferior to the indicators of April 2024, when Bitcoin collapsed by more than 8% against the background of a previous major military confrontation between Israel and Iran. This indicates the growing maturity of the bitcoin market and its ability to cope with events that cause shock in the markets, experts of the trading company believe.
Analysts believe that caution is caution among investors, since further escalation of the conflict in the Middle East or direct military intervention of the United States can violate the activities of the global financial system and cause the flight of capital from high -risk assets.
Earlier, the General Director of the largest crypto -story world Binance, Richard Teng, said that interests from institutional investors, including state investment funds and super -fighting people, sharply increased in cryptocurrencies.
Source: Bits
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