Bitcoin edges higher in Asia despite Middle East jitters - News Summed Up

Bitcoin edges higher in Asia despite Middle East jitters


(March 13): Bitcoin rose in early Asia trading on Friday while oil hovered around US$100 a barrel, even as tensions with Iran showed no signs of abating. Bitcoin climbed as much as 2.6% to briefly top US$72,000, despite ongoing market angst over the conflict in the Middle East, which has disrupted trade and threatened higher inflation. The original digital asset was trading around US$71,500 as of 10.30am in Singapore, while US stock index futures also pointed slightly higher. US-listed spot-Bitcoin exchange-traded funds are now on track for a third consecutive week of net inflows, the longest stretch since July. The ETFs have attracted US$529 million in inflows so far this week, according to data compiled by Bloomberg.


Source: The Edge Markets March 13, 2026 03:05 UTC



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