Bitcoin24h $64,332.29-0.24%

Ethereum24h $1,898.49+0.11%

BNB24h $591.98-0.04%

XRP24h $1.03-1.71%

Solana24h $72.59-1.12%

TRON24h $0.3270-0.29%

Hyperliquid24h $55.63-0.97%

Dogecoin24h $0.0691-0.65%

UNUS SED LEO24h $9.75-0.08%

Zcash24h $504.10-0.62%

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%.

US margin debt reached all-time highs as crypto lost $2 trillion

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.