2 articles
Heightened geopolitical tensions, particularly surrounding potential US-Iran conflict, are drawing investor attention to Bitcoin as a potential safe-haven asset. Historical data and institutional positioning suggest a bullish outlook for cryptocurrencies in the wake of global instability.
Bitcoin, once lauded as 'digital gold,' is facing a severe downturn, with its price plummeting after achieving mainstream institutional adoption. The very integration with Wall Street that was meant to stabilize it has instead exposed its vulnerabilities, transforming it into a volatile asset correlated with traditional markets, while core narratives like inflation hedging and decoupling unravel amidst exchange freezes and a pivot by miners towards AI.
