Bitcoin continues to demonstrate resilience around the $63,800 level despite mounting geopolitical risks stemming from intensifying Middle Eastern conflict. The United States executed its third consecutive wave of military strikes against Iranian installations this week, prompting Tehran to announce the closure of the Strait of Hormuz “indefinitely.” {chart} Yet Bitcoin’s price action remained remarkably subdued, slipping merely 0.3% during the 24-hour period. Weekly performance showed a 2% gain overall. According to U.S. Central Command, President Trump authorized the military operations following Iranian attacks on ... (full story)