Bitcoin Holds Steady as Iran Tensions Spark Oil and Gold Rally

Bitcoin steadied after a weekend selloff tied to Middle East tensions, trading around $66,600 and down roughly 2.8% on the week as oil and gold rallied on supply-disruption fears. Negative futures funding signals crowded shorts even as spot ETF inflows and Nvidia-driven tech optimism provide support, with markets weighing whether the conflict remains contained. If oil stays elevated, inflation risk could pressure Bitcoin and other risk assets, though many expect the geopolitical risk premium to fade as events appear contained.