BTC Reclaims $100K as Markets Shrug off Iran Strike
Good Morning, Asia. Here’s what’s making news in the markets:
Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.
As Asia begins the trading week, bitcoin {{BTC}} is trading above $100,500 as the initial volatility from news over the weekend that the U.S. struck some of Iran’s nuclear facilities begins to subside.
While prices briefly dipped below six figures on Sunday in a risk-off reaction, markets have since stabilized. Equity futures are flat, and gold is up only marginally, suggesting that traders are not yet pricing in a broader escalation.
The lack of follow-through in…
