Bitcoin held near $62,800 on Monday even as the U.S. carried out a fourth round of strikes on Iran, with traders appearing to look past the geopolitical escalation. The Fear & Greed Index climbed out of the Extreme Fear zone to 28, suggesting sentiment is stabilising even as headlines stay tense.
Why it matters
The macro backdrop is the loudest signal right now. Direct U.S. military action against Iran historically front-loads risk-off flows into the first 24-72 hours; the fact that BTC is barely off its pre-strike level implies the bid for the asset is more structural than headline-driven. Altcoin season indicators are also firming, with the Altcoin Index at 57/100 and BTC dominance holding at 56.1%, a sign that capital is broadening without yet rotating aggressively out of Bitcoin.
Market impact
Ethereum is tracking BTC closely at $1,776, down under 1% on the day, while total crypto market cap sits at $2.24T. Small caps are where the action is concentrated: Final Form Bull led the tape at +322.9%, with Concordium (+36.7%), DODO (+25.7%), JANCTION (+24.4%) and Tung Tung Tung Sahur (+24.1%) rounding out the leaders. On the venture side, Gauntlet closed a $125M Series C backed by SBI Holdings, and Elliptic picked up a strategic round from Circle Ventures, both signals that institutional capital continues to underwrite crypto infrastructure through the volatility.
Source: [source](http://telegraph.controller.bot/files/8336652911/AgACAgIAAxkBAAJBAAFqVIx4WCTY0va2exxIYC7MPIubeAACEhdrG07uqEowQRpsV2STUgEAAwIAA3kAAzwE)
Frequently asked questions
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Why is Bitcoin holding steady despite U.S. strikes on Iran?
Traders appear to be looking past the geopolitical escalation, with BTC down only about 1.5% to $62,758. The Fear & Greed Index edged up to 28, out of the Extreme Fear zone, suggesting the worst of the shock may already be priced in.
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What is the current Fear & Greed Index reading?
The Crypto Fear & Greed Index sits at 28, which is in the Fear band but a step up from Extreme Fear. The move signals sentiment is stabilising even as macro headlines stay tense.
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How are altcoins performing relative to Bitcoin?
BTC dominance is at 56.1% and the Altcoin Index reads 57/100, indicating capital is broadening without aggressively rotating out of Bitcoin. Ethereum is down 0.94% to $1,776, closely tracking BTC's move.
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Which small caps led the market on Monday?
Final Form Bull surged 322.9%, followed by Concordium at +36.7%, DODO at +25.7%, JANCTION at +24.4% and Tung Tung Tung Sahur at +24.1%, showing risk appetite is concentrated in lower-liquidity names.
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What notable crypto funding rounds were announced?
Gauntlet closed a $125M Series C backed by SBI Holdings, Elliptic picked up a strategic round from Circle Ventures, and Cypher closed an M&A round backed by Nium, all signs that institutional capital continues to flow into crypto infrastructure.
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