Iran Conflict

Bitcoin and the wider crypto market are trading defensively as oil-driven inflation anxiety, a stronger Dollar Index and weakening equities weigh on risk appetite. Some market observers argue that a Federal Reserve rate increase this month would risk compounding a supply shock rather than solving it.

Spot gold is struggling for direction as defensive demand linked to the Iran conflict meets renewed pressure from inflation concerns and a less dovish Federal Reserve outlook. Technical traders remain focused on whether buyers can shift from passive support on dips to aggressive upside positioning.