Global markets are navigating uncertain terrain as tensions between the US and Iran escalate. Oil prices have surged in response to disruptions at the Strait of Hormuz, fueling fears about supply chain constraints.
The resulting market volatility has impacted cryptocurrency prices, with Bitcoin (BTC) posting modest gains but remaining below $70,000. The digital asset's price has been confined within a narrow trading range throughout February, reflecting a broader market sentiment dominated by the conflict.