CoinDesk: BTC shows strong resilience amid tensions in the Middle East, pushing towards key resistance level.

Gate News bot message, Bitcoin (BTC) surged above $108,000 with a daily rise of 3.6%, showing strong resilience amid tensions in the Middle East, as lower forex reserves and higher volume pushed the price towards a key resistance level.

ETH: Ethereum rose nearly 7% to $2671, driven by whales accumulating $3.8 billion worth of ETH, and spot ETFs recording inflows for 16 consecutive days, leading to a strong breakout above the key resistance level.

Gold: Despite the ongoing tensions in the Middle East, gold prices have fallen below $3,400 to $3,383. Analysts point out that the imminent U.S. debt ceiling crisis, rather than geopolitical factors, is the main driver of precious metal prices.

Nikkei 225 Index: In early Tuesday trading, Japan’s Nikkei 225 Index rose by 0.21%, with mixed gains and losses in the Asia-Pacific markets as investors focused on the Bank of Japan’s policy decisions and signs of easing tensions in Iran.

S&P 500 Index: The S&P 500 index closed at 6033.11, up 0.94%, due to falling oil prices and hopes that the conflict between Israel and Iran will be contained, boosting investor sentiment.

BTC-0.13%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
HighYieldUltra-Stablevip
· 06-17 03:38
BTC is surging, look at me buying BTC, achieving financial freedom.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)