Bitcoin remains around $80,000 amid rising oil prices and the US-Iran conflict
2026-09-06 19:29:03
According to CoinMeta, despite oil prices rising to $96 and the intensification of conflicts between the United States and Iran, Bitcoin has remained around $80,000. According to CoinMeta data, Bitcoin has risen by about 0.5% in the past 24 hours, with a trading price of around $79,900, and the number of open futures contracts approaching $53.4 billion. At the same time, institutional investors' demand for Bitcoin continues to grow. On September 4th, Bitcoin attracted $174.6 million in capital inflows, and on the previous trading day, there was an inflow of $730.8 million, totaling approximately $905.4 million in just two days. Blackstone's investment in Bitcoin contributed $571.4 million during these two days. Despite facing a more unfavorable geopolitical backdrop, Bitcoin's reaction has been unusually calm, indicating that purchases are helping to absorb the selling pressure brought on by geopolitics.
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Source:Coinpaper
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