Crypto remains resilient in face of renewed Middle East tensions
BTC rose 1.2% to $63,000 and Nasdaq futures jumped 2.6% with markets seemingly unconcerned by U.S. airstrikes on Iran. Bitcoin is now up 9% since the end of June.
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Summary
- Bitcoin rose 1.2% to $63,000, ether added 0.75% and Nasdaq 100 futures gained with markets unperturbed by U.S. airstrikes on 90 Iranian military targets.
- LIT and ETHFI led the altcoin charge, rising 5.6% and 8.5% on Thursday to extend monthly gains to around 35%. ENA added 5.6% while remaining more than 91% below its September 2025 peak.
- CoinMarketCap’s Altcoin Season indicator ticked up one point to 47/100, but remains range-bound as investors hold back from broader altcoin exposure until the crypto majors make a more decisive recovery.
