Compass Investments

– Bitcoin rose 4.3% on Monday to $74,861, with Efirium, Solana and XRP also showing gains, amid crypto traders’ continued reaction to tensions in the Middle East.

Bitcoin has still performed better than many traditional assets since the start of the military conflict in Iran in late February, with gold down about 5% this month, while bitcoin has added over 12% .

Market conditions remain tight, with oil hovering around $100 a barrel, the U.S.-Iran standoff escalating, and U.S. stock futures rising after Wall Street ended last week lower.

Bitcoin made a surprise surge early Monday when prices briefly soared to $75,000, according to TradingView.

At the time of writing, bitcoin was up 4.3% to $74,861. Efirium added 7.4% to $2,287, showing a growth rate roughly double that of bitcoin, while Solana was up 6.2% and XRP was up 4.9% .

even with the situation around Iran, which has been weighing on the markets since late February, bitcoin is showing better resilience than many classic assets.

Gold has lost about 5% this month, while bitcoin has gained more than 12% .

Some of that support is due to capital inflows.

Last week, 12 U.S. spot bitcoin ETFs raised over $763 million, marking the third straight week of net inflows.

For the entire month of March, total net inflows totaled $1.3 billion, indicating a continuous infusion of institutional money.

Meanwhile, US crude oil prices briefly crossed the $100 per barrel mark as the Donald Trump administration considers military action against Iran’s Kharg Island. At the time of publication, U.S. crude prices were unchanged at $97 per barrel, while Brent crude added 0.41% to $103.

In the equities sector, Dow Jones futures were up more than 200 points, or 0.45% . S&P 500 futures rose 0.50% and Nasdaq-100 futures added 0.55% . This comes after another tough week on Wall Street.

The S&P 500 Index recorded its third consecutive weekly decline, ending Friday at its lowest level in a year. The index fell 1.6% for the week, while the Dow lost about 2% and the Nasdaq fell 1.3% .

During the Asian trading session, Hong Kong’s Hang Seng rose 1.45% to 25,834.02 points, while the CSI 300 was unchanged at 4,671.56.

Japan’s Nikkei 225 fell 0.13% to 53,751.15. South Korea’s Kospi added 1.14% to 5,549.85, while Australia’s S&P/ASX 200 fell 0.39% to 8,583.40.

European markets were generally weaker, with the Stoxx 600 index falling 0.36% to 593.69 early Monday. The FTSE 100 was little changed, up 0.04% to 10,265.44.

The German DAX fell 0.37% to 23,360.03, France’s CAC 40 lost 0.58% to 7,865.56, Italy’s FTSE MIB slipped 0.97% to 43,887.46 and Spain’s IBEX 35 slipped 0.68% to 16,944.10.