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Bitcoin Holds Firm as Iran Escalation Sends Oil Above $90 and Stocks Lower

Crypto Daily·August 31, 2026·1 min read
Bitcoin Holds Firm as Iran Escalation Sends Oil Above $90 and Stocks Lower

Bitcoin traded near $63,915 as U.S.-Iran escalation drove oil above $90 and stocks lower. $286 million in crypto positions were liquidated amid the geopolitical tension. BTC held firm despite market volatility, with traders watching for further moves as conflict risks persist.

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