Last week, the cryptocurrency market experienced a rollercoaster行情. Bitcoin first saw a strong pump, quickly surging, but the good times didn't last long. In the early hours of the 12th, U.S. stocks suddenly大跌, dragging the cryptocurrency market down with it.

#Michael Saylor暗示增持BTC# later learned that the situation in the Middle East had changed abruptly, the war had started, and the U.S. stock market had dived first, and the currency market had followed suit. It can be said that it is difficult for the current crypto market to "stand alone", no longer have an independent market as before, and more follow the US stocks. As long as there is a stir over there, the currency market reacts immediately and appears to be particularly passive.

As the Asian market opens for trading this week, Bitcoin hovers around $105,000 on Monday (June 16). Sentiment has clearly turned cautious, with the market's focus still on the situation in the Middle East — the conflict between Israel and Iran has entered its fourth day, with no signs of retreat from either side, and the risk of regional war continues to escalate.