Bitcoin outperforms gold as Iran war shakes ‘safe-haven’ trade
Since Donald Trump joined Israel’s war with Iran on February 28, BTC has rallied 8% while gold has fallen 18%.
Since Donald Trump joined Israel’s war with Iran on February 28, BTC has rallied 8% while gold has fallen 18%.
Crypto markets have been penalized with downside volatility amid historic levels of US margin debt relative to income.
After a senior Bloomberg analyst called for bitcoin to crash to $10k and kept interrupting his counterargument, Lawrence Lepard ragequit.
BTC has lagged far behind gold over the past year. By one calculation, BTC is 68% lower than it should be.
There has never been a two-year period with a declining number of addresses holding more than 0.1 BTC — until now.