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₿Bitcoin Holds Steady While Traditional Markets Reel from Iran Crisis
The Rundown: Bitcoin is trading in a tight range above $69K despite oil surging 37% and gold posting its worst losing streak since 1920, raising questions about whether crypto is resilient or just complacent.
The details:
- ●WTI crude surged 37% to $91.84 while Bitcoin held above $70K and absorbed $2.5B in ETF inflows
- ●Gold fell 27% from its January peak in its longest losing streak since 1920 as investors fled to other assets
- ●Bhutan sovereign wallet sold down from 13K BTC to 4,453 BTC with 2026 outflows exceeding $150M
- ●MARA Holdings dumped 15K BTC worth over $1B to buy back debt, shifting from its previous HODL strategy
Why it matters: This divergence between Bitcoin's stability and traditional asset volatility suggests crypto may be maturing as an asset class—but it could also signal dangerous overconfidence. Founders should watch whether this calm holds if geopolitical tensions escalate further, as it will reveal crypto's true correlation with risk assets during crisis periods.
Sources: CoinDesk +1 other