BlockBeats News, March 25th: Against the backdrop of escalating US-Iran tension and weakening macro liquidity expectations, Bitcoin continues to trade above $70,000, demonstrating strong market resilience.
Despite facing multiple bearish factors, including the complete pricing-in of a Fed rate cut this year, increased regulation of stablecoins (resulting in Circle's stock price decrease), and news of Bhutan potentially selling around $30 million worth of BTC, Bitcoin has experienced limited pullback and brief downturns.
Analysts believe that when the price remains stable amid the release of numerous negative factors, it usually indicates strong buying interest. Coupled with this cycle's options expiry factor, the market may have the momentum to rebound to $75,000.
