📉 BTC fell 8.3% from September 30 to October 1, hitting a two-week low of $60,207. Despite a slight recovery to $61,300 on October 2, the price is still 16.6% below its March 2024 peak.

📊 However, BTC derivatives indicate optimism. Some analysts say political turmoil may have a short-term impact, but BTC typically outperforms after major events.

📈 BlackRock highlights BTC as a unique asset with its scarcity and decentralization, recommending BTC as a "safe haven" during geopolitical events.

🌍 Middle East tensions escalate as Iran launches missiles at Israel. In addition, the upcoming US presidential election also creates uncertainty for the market.

🚗 Tesla reports lower-than-expected Q3 sales, shares fall 4%. However, Tesla shares are up 20% in the past 30 days thanks to the upcoming "robotaxi" event and positive sales in China.

📉 Despite the drop in BTC price, derivatives indexes still show balance and caution from traders.

💬 What do you think about the current situation of BTC? Comment below!#Bitcoin#CryptoNews#Blockchain#Finance #Tech