BlockBeats News, March 25 — Amid increasing uncertainty in the US-Iran situation and weakening macro liquidity expectations, Bitcoin still remains above $70,000, showing strong market resilience.
Despite multiple negative factors, including the fully priced-in Federal Reserve rate cut expectations for the year, stricter regulation of stablecoins (Circle’s stock price decline), and news that Bhutan may sell about $30 million worth of BTC, Bitcoin’s correction has been limited and its decline short-lived.
Analysts believe that when negative factors are heavily released but the price does not fall, it usually indicates strong potential buying interest. Coupled with the expiration of options in this cycle, the market may have the momentum to rebound to $75,000.
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