Bitcoin Rises as Mideast Tensions, Inflation Cloud Market -- Market Talk

Dow Jones10:14

0214 GMT - Bitcoin rises in early Asian trade as price action continues to be shaped by geopolitical and macroeconomic events, Forex.com analyst Julian Pineda says. Although the cryptocurrency has recovered above the $60,000 level, selling pressure remains strong amid growing concerns around Middle East tensions and signs of inflationary pressures in recent data. Pineda says demand for crypto has not stabilized clearly in the near term. Bitcoin continues to depend on available market liquidity and investor confidence to attract sustained demand. Given current geopolitical and economic uncertainties, investor inflows appear measured. Bitcoin is up 0.6% at $62,106.61.(jason.chau@wsj.com)

(END) Dow Jones Newswires

June 10, 2026 22:14 ET (02:14 GMT)

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Although the cryptocurrency has recovered above the $60,000 level, selling pressure remains strong amid growing concerns around Middle East tensions and signs of inflationary pressures in recent data. Pineda says demand for crypto has not stabilized clearly in the near term. Bitcoin continues to depend on available market liquidity and investor confidence to attract sustained demand. Given current geopolitical and economic uncertainties, investor inflows appear measured. 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