Bitcoin24h $70,194.70-0.52%

Ethereum24h $2,063.49-0.32%

BNB24h $649.73-0.38%

XRP24h $1.37-1.27%

Solana24h $86.51-0.74%

TRON24h $0.2889-0.75%

Dogecoin24h $0.0943+0.80%

Hyperliquid24h $36.97+2.89%

Cardano24h $0.2620-0.58%

Bitcoin Cash24h $454.04-0.63%

How bombing Iran shifted oil and bitcoin prices

The price of oil relative to BTC during key news events might be one of the most interesting chart studies of the Iran war.

Bitcoin outperforms gold and oil in first days of US-Iran war

Curiously, BTC has demonstrated relative strength among trillion-dollar assets since the onset of the Iran war.

Crypto markets have been penalized with downside volatility amid historic levels of US margin debt relative to income.

BTC’s price fell to $82K today during one of crypto’s worst months since the catastrophic crash of Terra/Luna in 2022.

Traders tried to blame Wintermute for suspicious deposits during Friday’s crypto market crash, but its CEO would have none of it.