Bitcoin is holding up near the upper $60Ks–$70K region despite a sharp macro shock, showing relative resilience versus equities and other risk assets. Related Reading: Bitcoin Reclaims $70,000 as Iran War Jitters Ease and Volatility Cools Bitcoin Is Resilient Enough Bitcoin appears to have passed the first stress test of the Iran shock and its aftermath. As we covered yesterday, Bitcoin snapped back above $70,000 after Iran war jitters eased, oil backed off its spike, and derivatives stress started to cool, turning a brutal liquidation into a fast‑acting relief rally. Since then, BTC has absorbed another wave of macro nerves, briefly sliding below $63,000 on the latest risk‑off flush before clawing its way back into the high‑$60,000s/low‑$70,000s range