Bitcoin held steady above $78,400 on Tuesday, showing resilience as major cryptocurrencies and Asian equity markets slipped due to hawkish Federal Reserve expectations.
Bitcoin showed remarkable resilience on Friday, trading near $77,580 and barely reacting as the United States conducted a military strike against Iran in the Strait of Hormuz.
The price action occurred against a backdrop of significant moves in foreign exchange markets, with the Japanese yen breaching the key 160-per-dollar level.