#Gate13thAnniversaryDr.HanLetter Bitcoin, after experiencing a sharp decline over the weekend, entered the new week with a strong recovery, signaling renewed optimism in the markets.

BTC price gradually increased today, reaching up to $74,915.

Throughout the weekend, Bitcoin, under selling pressure due to rising geopolitical tensions, lost about 4% in value, especially after U.S. Vice President J.D. Vance's statement that Pakistan would leave without a peace agreement with Iran, and U.S. President Donald Trump's order to blockade the Strait of Hormuz. However, with the risk appetite recovering at the start of the new week, these losses were quickly regained.

The rise in Bitcoin occurred in parallel with a positive outlook in global markets. U.S. stock markets closed higher, with the S&P 500 up about 1%, and the Nasdaq gaining 1.2%. During the same period, the decline of oil prices back below $100 per barrel also contributed to easing market pressure.

The "weekend dip – Monday recovery" cycle, frequently observed throughout 2026, reappeared once again in the last 48 hours. Market participants assess that, despite geopolitical risks, panic selling remained limited and investors are beginning to re-enter positions.

On the global front, cautious optimism prevails. Sameer Samana commented that the market rally is supported by the current ceasefire in the U.S.-Iran tensions, which has boosted investor confidence.

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