Global Markets Stabilize Amid Tensions in Iran

Global markets experienced a downturn on Thursday as tensions in Iran escalated and oil prices rose. Despite this, Bitcoin remained relatively stable, trading between $69,000 and $70,000.

The conflict has kept inflation concerns elevated and dampened investor sentiment, causing traditional markets to come under pressure. The S&P 500 and Nasdaq both fell nearly 1% to fresh lows, while gold dropped 5% and silver declined 6.6%

However, crypto markets remained relatively stable, with Bitcoin down about 1.1%. Other major tokens such as ether, XRP, BNB, and solana also posted modest declines of under 1%.