As tensions in the Middle East continue to escalate, a noticeable risk-averse sentiment has emerged in global financial markets. Against this backdrop, the cryptocurrency market has shown significant divergent trends: Bitcoin has demonstrated strong resilience to falls, briefly dipping to $100,800 but quickly rebounding above $102,600, highlighting its status as a digital safe-haven asset.
At the same time, Ethereum is showing weakness, failing to break through the key resistance level of $2270, while other small-cap encryption currencies continue to weaken, constantly hitting new lows. This phenomenon clearly reflects that, in an environment of increasing geopolitical uncertainty, investors are gradually retreating from high-risk assets and allocating substantial funds into Bit, further strengthening its core position in the encryption market.
Market data shows that Bitcoin's dominance in the entire encryption currency market has surpassed the 65% threshold, which fully reflects the market law of "the strong remain strong" during unstable times.
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GateUser-2d2da21e
· 2025-06-22 10:42
It is a trap, the plummet of ten thousand points is coming.
As tensions in the Middle East continue to escalate, a noticeable risk-averse sentiment has emerged in global financial markets. Against this backdrop, the cryptocurrency market has shown significant divergent trends: Bitcoin has demonstrated strong resilience to falls, briefly dipping to $100,800 but quickly rebounding above $102,600, highlighting its status as a digital safe-haven asset.
At the same time, Ethereum is showing weakness, failing to break through the key resistance level of $2270, while other small-cap encryption currencies continue to weaken, constantly hitting new lows. This phenomenon clearly reflects that, in an environment of increasing geopolitical uncertainty, investors are gradually retreating from high-risk assets and allocating substantial funds into Bit, further strengthening its core position in the encryption market.
Market data shows that Bitcoin's dominance in the entire encryption currency market has surpassed the 65% threshold, which fully reflects the market law of "the strong remain strong" during unstable times.