SOL, ADA, DOGE pullback, bitcoin holds above $74,000 as Asia recoups Iran war losses
CoinDesk
Bitcoin sustains levels above $74,000 while Asian markets recover from conflict-related losses amid renewed global risk appetite.Summary
Bitcoin maintained a price above $74,000 as global risk appetite surged, allowing Asian equity markets to recover losses from the US-Iran conflict. While major cryptocurrencies like Solana, Cardano, and Dogecoin saw minor pullbacks, Bitcoin's resilience is bolstered by strong inflows into U.S. spot ETFs, which recorded $471 million in a single day. Analysts suggest that the price stability near ETF entry points acts as a support floor, signaling long-term institutional confidence despite lingering bearish sentiment in derivatives markets.
(Source：CoinDesk)