Bitcoin eyes $104K CME gap as analysis says ‘World War 3’ off the table
Bitcoin price strength gradually returns after multiweek lows as risk assets show overwhelming confidence that a long war in the Middle East will not happen.
Key points:
Bitcoin joins US stocks in shrugging off Middle East tensions — something analysis says shows belief that the conflict will soon end.
In a surprise turn, oil and gold face losses amid a lack of interest in safe havens.