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Bitcoin Stays Steady Near $63,800 Amid Geopolitical Turmoil While Traditional Assets Tumble

Bitcoin held steady near $63,800 on Monday despite a broad market selloff triggered by escalating geopolitical tensions. The U.S. launched its fourth round of strikes against Iran within a week, sending shockwaves through traditional financial markets.

According to CoinDesk, the largest cryptocurrency dipped just 0.3% over the past 24 hours and posted a 2% gain for the week. In contrast, spot gold tumbled as much as 1.6% to around $4,050 per ounce, while Brent crude oil surged 4% to exceed $79 a barrel.

U.S. Treasury bonds also suffered losses across the yield curve, with the two-year yield climbing to its highest level since February 2025. Meanwhile, other major cryptocurrencies showed mixed performance: Ether hovered near $1,800, and Solana traded at approximately $76, down 5% over the past seven days.