Last week, the ongoing conflict between Israel and Iran led to a temporary decline in Bitcoin prices. However, this downturn was short-lived as major institutional investors seized the opportunity to purchase Bitcoin at lower prices, resulting in a significant increase in demand and a rapid recovery in value.
Bitcoin has rebounded as prominent financial entities, including Strategy and Metaplanet—two leading Bitcoin treasury firms—made substantial acquisitions. Their combined efforts have contributed to a resurgence in the cryptocurrency's market position.
