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Crypto Daily Market Report | KuCoin

Crypto Daily Market Report | KuCoin

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Escalating Middle East tensions weigh on U.S. equities; BTC consolidates with bullish structure intact

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  • 📊 Market Overview

    • Middle East tensions continued to escalate as the U.S. expanded military deployments and operations against Iran, while Iran maintained a hardline stance, increasing risks surrounding oil exports and energy supply. Oil prices climbed to a six-week high. Geopolitical risks weighed on market risk appetite, leaving U.S. equities under pressure but with limited downside; SpaceX dropped more than 6% to a new post-listing low, Alphabet fell over 3% after earnings, and Tesla declined more than 5%. Meanwhile, Bitcoin spot ETFs recorded net inflows for the sixth consecutive trading day, indicating…

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