03-08-2026, 10:09 AM
Crypto market shows resilience amid Middle East conflict
While stocks and gold are under pressure due to the U.S.-Iran conflict, digital assets added more than $100 billion in market cap. Bitcoin led the move, increasing its market dominance by more than 1%. Bitcoin markets have consistently shown stronger emotional resilience than traditional equities during multiple Middle East shocks, including the escalations in April 2024 and June 2025. So the current resilience is not very surprising.Bitcoin has also shown a noticeable decline in selling pressure. The 30-day net taker volume recently turned positive, which signals that aggressive buying momentum is becoming dominant on crypto exchanges. However, the rally still does not look fully sustainable, and a major downward move in the coming weeks remains possible.
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