Bitcoin rebounded to around $70,000 on Tuesday, rising roughly 2% as investor concerns over the Middle East tensions softened. US President Donald Trump made remarks that the conflict would resolve shortly. The move reflects a broader shift in market sentiment, with equities recovering sharply and oil prices retreating after Monday’s surge. The crypto rally came alongside a rebound in regional equities, with Japan’s Nikkei 225 up more than 3% and the MSCI Asia Pacific Index rising nearly 3%. Oil prices retreated sharply, with Brent dropping to $91.37 a barrel, supporting the rebound in risk assets, including cryptocurrencies. Ether, XRP, and Solana also recorded modest gains. Traders remain cautious, noting that geopolitical tensions could flare unexpectedly, potentially undermining the recent upside.
