Recent military action ordered by Trump against Iran has created a pattern of stock rallies on Mondays, showcasing what some are calling the 'Axios put.'
US markets have shown an upward trend, particularly on Mondays during the second quarter, indicating a shift in investor reaction to geopolitical tensions.
With stocks typically rising, Bitcoin could see bullish sentiment, making levels above $30,000 significant while Ethereum eyes $2,000.
The inclination towards riskier assets may increase, suggesting Bitcoin's dual role as a risk asset, while stablecoins maintain caution.
Traders should monitor upcoming Fed announcements and geopolitical updates, which could reshape market dynamics.
The bull case sees crypto benefiting from continued risk-on sentiment if rallies persist; the bear case involves geopolitical escalation hurting risk assets.