The post BTC Reclaims 100K as Markets Shrug off Iran Strike appeared on BitcoinEthereumNews.com.

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins the trading week, {{BTC}} is trading above $100,500 as the initial volatility from news over the weekend that the U.S. struck some of Iran’s nuclear facilities begins to subside. While prices briefly dipped below six figures on Sunday in a risk-off reaction, markets have since stabilized. Equity futures are flat, and gold is up only marginally, suggesting that traders are not yet pricing in a broader escalation. The lack of follow-through in traditional markets may reflect expectations that Iran’s response will be contained or delayed, rather than immediate and destabilizing. Crude oil is holding its gains near $76 per barrel after spiking nearly 4% Sunday evening on fears that Iran could block the Strait of Hormuz, a key chokepoint for global oil shipments. Still, commentary from U.S. officials and muted early-week trading suggest that investors remain in a wait-and-see mode. In crypto markets, altcoins that had mirrored BTC’s weekend drop, like ETH, XRP, and SOL, are also clawing back losses. For now, the market appears to be treating the U.S.-Iran clash as a geopolitical flashpoint, not a structural break. (CoinDesk) OKX Considering U.S. IPO: Report Crypto exchange OKX is considering a public listing in the U.S., according to a report from The Information. Earlier this year, the exchange announced a U.S. expansion after settling with the Department of Justice over accusations that it operated in the country without a money transmitter license. Bullish, a competitor to OKX, and the parent company of CoinDesk, is said to be considering an IPO given the appetite…

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Filed under: News - @ June 23, 2025 2:18 am