Bitcoin, U.S. stock futures give up early gains as Iran conflict intensifies
CoinDesk
Bitcoin and U.S. stock futures reversed early gains as reports indicated Iran intensified attacks on Middle Eastern assets.Summary
Bitcoin (BTC) retreated below $66,000 after reaching nearly $67,000 during early Asian trading, mirroring losses in U.S. stock futures. S&P 500 e-mini futures dropped 1.4% to 6,790, erasing earlier gains. This market shift occurred as reports surfaced that Iran escalated missile attacks against U.S. assets in Bahrain, Kuwait, and the UAE, and also targeted Saudi Arabia's oil infrastructure. Concurrently, oil prices continued to surge, trading over 7% higher on both sides of the Atlantic. Separately, the article notes that institutional appetite for digital assets appears to have collapsed, with Bitcoin and Ether ETFs experiencing significant outflows totaling over $9 billion in the preceding four months.
(Source：CoinDesk)