Bitcoin's price is holding near $66,000 following a weekend of geopolitical shocks involving the U.S., Israel, and Iran. The U.N. Security Council convened an emergency meeting, with warnings that the situation could escalate into a broader conflict. Market attention has shifted to energy and shipping risks, particularly around the Strait of Hormuz, potentially impacting crude pricing and financial conditions. Bitcoin's performance will be tested as U.S. markets reopen and spot ETF flows resume. The cryptocurrency's trading behavior may reflect its correlation with high-beta macro assets, influenced by energy risk premiums and broader market repricing events.

Bitcoin's price is holding near $66,000 following a weekend of geopolitical shocks involving the U.S., Israel, and Iran. The U.N. Security Council convened an emergency meeting, with warnings that the situation could escalate into a broader conflict. Market attention has shifted to energy and shipping risks, particularly around the Strait of Hormuz, potentially impacting crude pricing and financial conditions. Bitcoin's performance will be tested as U.S. markets reopen and spot ETF flows resume. The cryptocurrency's trading behavior may reflect its correlation with high-beta macro assets, influenced by energy risk premiums and broader market repricing events.