Bitcoin hits 6-week high! Time to get pumped?

Markets remain focused on the ongoing Middle East conflict, as rising oil prices stoke fears of an inflation shock worldwide.

Despite the heightened uncertainties at present, so far this month, cryptos have quietly outperformed other major assets, except oil of course;

• Gold (XAUUSD+): -4.8%

• S&P 500 (SP500): -2.6%

• US dollar index (DXY): +2.4%