Bitcoin holds steady near $80K despite $28.3M long liquidations and Middle East tensions.

Bitcoin traded sideways around $80,000 amid rising U.S.-Iran military tensions and a strong rally in traditional stocks like the S&P 500, which surged 17.2% since March. Despite $28.3 million in long position liquidations, bitcoin's market cap grew slightly to nearly $1.6 trillion. The market shows a tug-of-war between bulls and bears, with key support near $78,000 and resistance around $82,000-$83,000. Investors seem to be pricing in limited risk of full-scale conflict, keeping bitcoin stable for now.