Bitcoin holds near $63,800 as war-driven selloff hits everything but crypto
Gold, oil, stocks and bonds all moved sharply on the fourth round of U.S. strikes on Iran, but bitcoin is little-changed....
Key takeaways
- 1Bitcoin held steady near $63,800 despite U.S. strikes on Iran causing sharp selloffs in gold, oil, stocks, and bonds.
- 2Bitcoin now correlates more with dollar liquidity and chip-sector equity cycles than geopolitical tensions like Middle East conflicts.
- 3Gold fell 1.6% to $4,050/ounce and Brent crude jumped 4% to $79/barrel on war-driven fears of higher rates.
Coins in this story
Why it matters
Bitcoin's decoupling from traditional safe-haven assets during geopolitical crises suggests it's maturing as a liquidity-driven asset rather than a war hedge. For Indian retail investors, this shift indicates crypto markets now track global tech equity trends and monetary policy more than headline risk, requiring different portfolio analysis approaches.
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