Bitcoin rose 1.2% to $63,000 as risk assets advanced, with Nasdaq futures gaining 2.6% despite geopolitical tensions following reports of U.S. airstrikes on Iran. The largest cryptocurrency is now up 9% since the end of June.
Market Snapshot
BTC’s move to $63,000 extends a steady rebound that began in late June. Equity markets also pointed higher, with Nasdaq futures up 2.6%, signaling improved risk appetite across asset classes.
Geopolitical Backdrop
The gains in both crypto and U.S. equity futures came despite headlines about U.S. airstrikes on Iran. Historically, heightened geopolitical risk can weigh on sentiment; however, early pricing indicated investors were positioning for a risk-on session.
Performance Since Late June
Bitcoin’s 9% advance since the end of June follows a period of consolidation earlier in the month. The latest uptick places BTC back within a range watched by traders for signs of momentum across digital assets.