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Bitcoin shrugged off tensions in the Middle East, barely moving despite U.S. President Donald Trump vowing on Monday to hit Iran hard.
The price of the biggest cryptocurrency recently stood at $79,076, unmoved over a 24-hour period. The coin also hasn’t budged from where it stood seven days ago.
Bitcoin started a phenomenal run two weeks ago — its best in three years — and is up nearly 30% over the past month.
Its price started surging after the U.S. Treasury would at least double the size of its liquidity-support buyback operations. The announcement hurt the dollar but non-yielding assets like bitcoin and gold have benefited.
Positive regulatory news has…
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