Bitcoin Recovers Amid Easing Geopolitical Fears

Bitcoin has shown resilience, recovering from weekend lows as geopolitical tensions surrounding Iran appear to be de-escalating. Reports suggest Iran may be considering concessions on its nuclear program, easing fears that had previously impacted markets. This shift has also led to a broader recovery in U.S. stocks, with crypto-related shares like Circle, Coinbase, and MicroStrategy experiencing gains. Despite the short-term bounce, some analysts remain cautious, noting Bitcoin's prolonged consolidation period and the potential for further price volatility.