Bitcoin and Ethereum rise as geopolitical tensions hit stocks and oil prices surge

Bitcoin and Ethereum prices climbed despite a sharp rejection at $80,000 for Bitcoin, which later reclaimed this key level. The global crypto market cap increased by 1.33% to $2.65 trillion amid over $480 million liquidations and a shift in market sentiment from fear to neutral. Meanwhile, stocks fell due to geopolitical tensions after Iranian drone attacks on UAE oil facilities, causing oil prices to spike. Analysts highlight Bitcoin's critical resistance at around $81,500, with a daily close above this potentially opening a path to $92,000, while failure could see a drop to about $76,500.