Bitcoin holds $75K amid geopolitical and Fed uncertainty

Bitcoin is trading above the critical $75,000 level, but market participants remain cautious due to the impending expiration of the U.S.–Iran ceasefire and Federal Reserve nominee Kevin Warsh's Senate confirmation hearing. Escalation of the conflict could significantly impact oil prices and risk assets, while Warsh's "inflation hawk" stance might influence interest-rate policy. Despite a recent hack affecting DeFi platforms like Aave, the broader crypto market, including memecoins and some DeFi tokens, is showing gains, outperforming Bitcoin.