Bitcoin showed strong performance early last week, rising 4.7% after the weekly open and briefly retesting the previous all-time high of $109,590. However, following Israel's unexpected strike on Iran on June 13, market sentiment quickly turned cautious, and risk appetite declined. Overall, the market displayed a certain level of tension and a wait-and-see attitude toward Bitcoin's price movement.

<p>Bitcoin started the week (last week) with a promising rebound, climbing 4.7 percent from the weekly open and briefly retesting its prior all-time high of $109,590. But optimism quickly gave way to risk aversion after the unexpected strike on Iran by Israel on June 13...</p>
<p>The post <a href="https://blog.bitfinex.com/bitfinex-alpha/bitfinex-alpha-markets-nervous-as-btc-consolidates/">Bitfinex Alpha | Markets Nervous as BTC Consolidates</a> appeared first on <a href="https://blog.bitfinex.com">Bitfinex blog</a>.</p>

Market Tension Before Bitcoin's Pullback