Bitcoin has risen slightly, rebounding from the recent decline caused by the conflict between Israel and Iran, which hit investor preference for risk assets. Kathleen Brooks of XTB stated in a report that after President Trump indicated that Israel and Iran may have found a solution to end the conflict, it seems to have eased market concerns about the tense situation in the Middle East. She pointed out: "We believe that the situation in the Middle East would need to deteriorate rapidly and enter a more dangerous phase for Bitcoin to fall below $100,000."
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