Deutsche Bank: Bitcoin rises but recovery lacks strength, influenced by geopolitical uncertainties.

Analysts at Deutsche Bank said in a report that as geopolitical uncertainties limit the demand for risky assets, Bitcoin has risen but remains weak. These analysts said that on weekends when most markets are closed, the cryptocurrency becomes a barometer of risk appetite, initially falling after military strikes between the US, Israel, and Iran. However, they said that some reports have sparked hopes of conflict resolution. President Trump told the New York Times that he is open to lifting sanctions on Iran, while the Wall Street Journal reported that Iranian security official Ali Larijani has made new efforts to resume nuclear negotiations with Washington. Data from the London Stock Exchange Group shows that Bitcoin rose by 0.7% to $66,024, but is still nearly 50% lower than the high of $126,223 reached in October.