Bitcoin Rebounds Above $65K as Geopolitical Tensions Ease; Hong Kong ETF Approval Awaited
• BTC back above $65K as geopolitical tension eases; traders await Hong Kong spot BTC ETF approval • BTC dropped below $62K over weekend due to Iran missile attack on Israel, but conflict not escalating further • PAXG traded at 20% premium over gold during height of Iran-Israel tensions as traders fled to safety • Crypto market already under pressure from U.S. tax season and upcoming BTC halving • Hong Kong BTC/ETH ETFs could unlock up to $25B in new demand based on estimates