Risk Appetite Still Weak
Bitcoin’s weekly drop fits the bigger macro picture right now. The pressure is not coming from crypto alone. The ongoing Iran conflict is keeping investors defensive, pushing oil higher, and reviving inflation fears across global markets. Reuters reported record flows into U.S. money market funds as war-related risk aversion increased, while broader equity markets have also stayed under pressure.
Barron’s reported Bitcoin was down about 6.1% this week, with the selloff tied in part to the same war-driven concerns around energy prices and tighter financial conditions.
To me, that is the real message here:
this is still a market where macro fear is stronger than dip-buying confidence. Until geopolitical pressure starts easing, Bitcoin may struggle to build a clean rebound.
#BTC #Bitcoin #Macro #Geopolitics $BTC
