Bitcoin (BTC) came under pressure on Monday following sharp statements by U.S. President Donald Trump regarding Iran. Analyst CryptoRover noted on social media that a potential U.S. military operation against Iran poses significant risks for Bitcoin. Meanwhile, institutional investors are also acting cautiously: according to SoSoValue data, $1 billion flowed out of spot BTC ETFs in a single week. This is reported by Cointelegraph.com .
Despite market uncertainties, MicroStrategy, the world's largest corporate holder of Bitcoin, continues to increase its assets. Between May 11 and May 17, the company purchased 24,869 BTC for $2.01 billion, bringing its total holdings to 843,738 BTC. This demonstrates investor confidence in the long-term outlook.
The S&P 500 index (SPX) reached a new all-time high of 7,517 points on Thursday, though it later saw a decline due to profit-taking. Currently, the 20-day exponential moving average (EMA) at 7,273 serves as a critical support level. If the price rebounds from this level, the uptrend could continue toward the 8,000 mark.
The U.S. Dollar Index (DXY) rose from the 97.74 support level, moving above its moving averages. While there is minor resistance at 99.34, if this level is surpassed, the index is expected to reach strong resistance at 100.54. A breakout above this level could signal the start of a new growth cycle.
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