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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.