Bitcoin has shown recovery on Monday, bouncing back from weekend losses that dropped it to a one-week low. The cryptocurrency gained 0.5%, trading at $106,581.8, following renewed conflicts between Israel and Iran, which weighed on global risk appetite.

The recent geopolitical tensions have likely added volatility to the crypto market. Investors remain cautious as they await the Federal Reserve’s upcoming policy meeting while also monitoring international developments.

Market Response to Israel-Iran Conflict

Recent hostilities, including strikes from Israel on Iranian targets, have escalated fears of broader regional conflict. The geopolitical situation could keep crypto markets unstable in the near term.

Focus on Federal Reserve

The intensity of bitcoin’s recovery will depend on upcoming Federal Reserve discussions. Should the Fed signal a dovish stance, it could lead to increased support for the cryptocurrency.

Market Overview: Bitcoin Leads This Week

With altcoins also responding positively, Bitcoin’s performance is indicative of larger market trends and potential resilience in a volatile environment.

Final Thoughts

With continuing geopolitical risks and the Fed on the horizon, bitcoin remains in focus as a potential assets hedge amid uncertainties.