Bitcoin (BTC) with the start of the new week in Asian markets $105,062.89 While the price fluctuates about $ 105,000, the possible conflict between Israel and Iran affects market dynamics. According to the data of the QCP processing company, the tendency to prevent short -term risk increases and sales positions leave behind purchases. However, despite great liquidations, data on chain shows that corporate investor interest continues. Meanwhile, Bybit’s solea -based decentralized stock exchange Byreal will launch the test version on June 30th.
Geopolitical uncertainty affects the market
The increasing blood pressure between Israel and Iran has uneasy investors and led to short -term BTC sales and less risky assets. This led to severe fluctuations in the market, including the closure of a long position of 200 million dollars in Binance. A total of over $ 1 billion leveraged positions were liquidated.
QCP’s analysis emphasizes that clarification of geopolitical developments is expected and the market reacts precisely to the main news flow. However, chain data shows that BTC moves with a 656 %earning rate in the current cycle. Although this ratio is below the levels of past rise (1076 %in 2015-2018 and 1007 %in 2018-2022), the fact that Bitcoin has reached a wider market value and the maturation process indicates that the investor demand continues.
Technological Discussions and New Platform
Alex Thorn from Galaxy Research was involved in the debate on the OP_return parameter in the Bitcoin developer community. Thorn argued that some of this issue is not as critical as claimed. Historically, low network filling and existing block chain data show that OP_return did not lead to a “collapse ında in the functionality of Bitcoin.
Thorn believes that it would be more efficient to shift to new upgrade suggestions of the focal point of the community, such as ChecktemPlateverify (CTV). He pointed out that CTV can bring significant innovations for Bitcoin in the fields of trust and security. He added that the consensus on technological updates in Bitcoin is vital by open source nature and cautious, step progress benefits the ecosystem.
At the same time, Bybit CEO Ben Zhou announced that the test version of the decentralized stock market byreal, built on Solana, will begin on June 30th. It was emphasized that Byreal aims to combine the advantages of central stock exchanges with transparency and speed of decentralized finance (defi). The platform is expected to offer new products integrated with Solana ecosystem and renovation crates that promise. The main network is planned to be commissioned this year.
Recent developments in other crypto currencies and regional markets
Despite geopolitical blood pressure and market fluctuation, Ethereum (ETH) 
$2,517.22 It increased by about 2 %and reached $ 2,550. ETH continued to receive support from corporate investors, especially. Asia-Pacific stock exchanges began next week; Japan’s Nikkei 225 index increased by 0.87 %. Regional investors evaluate geopolitical risks and increase in commodity prices.
Gold and oil, traditional safe port assets, provided significant profits. Tensions in the Middle East and the FED interest rate reduction expectations enabled gold to the top of the last month with $ 3,447 at the beginning of the Asian session. Oil prices continued to rise.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
