Bitcoin (BTC) surged above ,000 following market digestion of news surrounding the death of Iranian Supreme Leader Ayatollah Khamenei. Initial reactions to the geopolitical event were mixed, but crypto markets stabilized as uncertainty subsided. The price recovery reflects renewed risk-on sentiment among investors seeking alternative assets amid geopolitical volatility. Analysts note that Bitcoin's performance highlights its role as a hedge against macroeconomic and political shocks, though short-term fluctuations remain possible.