Bitcoin drops as Middle East tensions continue

Bitcoin's price slightly declined on Friday, falling to around $63,782, down by 1.9%, despite the rise in stock shares of AI-related technology companies. The main reason is uncertainty about the interest rate path following the U.S. Federal Reserve's decision to keep rates steady, along with escalating tensions in the Middle East between the United States and Iran, which have led to higher oil prices and increased inflation risks. Although technology stocks and the NASDAQ index rose by 3%, and Asian markets gained, cryptocurrencies, especially Bitcoin and altcoins, did not benefit significantly. Demand remains inconsistent, and trading volumes continue to decline.

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