BTC climbs despite escalating Middle East tensions, outperforming gold as altcoins rally and derivatives data signals cautious but improving market sentiment. Bitcoin has gained 4% in 24 hours to $71,000, outperforming gold despite ongoing Middle East tensions and weakness in U.S. equity futures. More than $550 million in liquidations hit mostly short positions, while declining open interest suggests the rally isn’t driven by new leveraged participation. Altcoins are showing relative strength,…
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