Bitcoin stalls near $80K amid mixed investor views and geopolitical risks, says Coinbase research head.

Bitcoin's price struggles to break above $80,000 as Coinbase's David Duong describes the crypto market as headline-driven and influenced by geopolitical risks like developments in Iran. Despite a recent easing in Bitcoin's correlation with U.S. stocks, crypto is still affected by liquidity, institutional flows, and regulatory clarity. Coinbase's survey shows a divided investor sentiment, with some seeing a bear market and others viewing Bitcoin as undervalued. Institutional interest remains strong with major firms expanding crypto products, while Ethereum gains renewed investor attention due to lower fees and new technological advances. The near-term outlook is neutral, with potential improvement if U.S. Treasury spending boosts liquidity and geopolitical tensions ease.