#BTC☀️ Bitcoin price today: Resilience amid oil shock and tensions in Iran
The cryptocurrency market begins March with a technical recovery movement, on this Monday (2) at 15:45 in Brasília, trying to shake off the pessimism that marked the close of February. The market tone is one of geopolitical vigilance, with investors closely monitoring the escalation of airstrikes between the USA, Israel, and Iran. The conflict has caused an immediate spike in energy prices, with Brent oil rising more than 8%, reigniting global inflationary fears. As the cost of energy dictates the "risk price," analysts warn that maintaining the barrel at high levels may force the Federal Reserve to keep interest rates high, or even resume a tightening cycle, limiting the breath of higher volatility assets.
The cryptocurrency market begins March with a technical recovery movement, on this Monday (2) at 15:45 in Brasília, trying to shake off the pessimism that marked the close of February. The market tone is one of geopolitical vigilance, with investors closely monitoring the escalation of airstrikes between the USA, Israel, and Iran. The conflict has caused an immediate spike in energy prices, with Brent oil rising more than 8%, reigniting global inflationary fears. As the cost of energy dictates the "risk price," analysts warn that maintaining the barrel at high levels may force the Federal Reserve to keep interest rates high, or even resume a tightening cycle, limiting the breath of higher volatility assets.