Investors are clinging to any bit of good news amid the conflict in the Middle East.

After dipping to a two-week low, bitcoin rallied to break $71,000 Monday as traders turned optimistic over the conflict in the Middle East.

This is not “a favorable environment for risk assets.”Source: Sherwood News.

Bitcoin ETFs reverted to outflows and bitcoin suffered $192 million in liquidations in the past 24 hours.Source: Sherwood News.

The analysts’ bear-case scenario is $57,537, based on “recessionary macro-factors, especially weak equity markets,” which could cause ETF flows to stall.Source: Sherwood News.

Its “adjusted bitcoin treasury policy” will “provide the financial flexibility needed to navigate volatility and invest in high-potential areas like AI infrastructure,” Cango said.Source: Sherwood…

Bitcoin continues to show resilience on Monday, crossing $74,000 and up 3% in the past 24 hours. So far, the asset is up 9.4% in…

“A firm break above 73K will set us up for a nice rally,” one analyst noted. Source: Sherwood News.

Many disagree, saying bitcoin is “too big to fail” and that such a fall would require an “extreme systemic shock.” Source: Sherwood News.

To reach a seven-figure price, bitcoin would need to capture more than 50% of the store-of-value market, “a very high bar” that “sounds unreasonable to…