Bitcoin’s market dynamics showed sensitivity as geopolitical friction between the US and Iran escalated, coinciding with a significant survey revealing American public apprehension.
A Reuters/Ipsos survey underscored widespread security anxieties within the US population, with 84% of surveyed American adults reporting general concern regarding the international situation. This unease highlights the depth of domestic security worries.
Parallel to the geopolitical tensions, the same survey indicated a shift in domestic political sentiment, registering former President Trump’s approval rating at 41%, reported as the lowest since taking office.
Reflecting the market’s reaction to these combined pressures, the price of Bitcoin declined below the $102,000 mark. Market participants are now closely observing a potential support range for the cryptocurrency, noted around the $93,000-$94,000 zone.