Bitcoin Surprises as Oasis of Calm While Iran War Jolts Markets
(Bloomberg) -- Cryptocurrencies have stood out as winners among **** et classes since the outbreak of the war with Iran, but the resilience of digital **** ets may be a matter of timing.
Bitcoin, the largest token, and a cohort of smaller digital **** ets have been an oasis of calm relative to the volatility in equities, gold and oil. As crude oil has surged more than 40%, bullion is down roughly 5% for the month and the MSCI World Index is down 4%. Meanwhile, Bitcoin pushed through a crucial psychological mark of $75,000 on T
(Bloomberg) -- Cryptocurrencies have stood out as winners among **** et classes since the outbreak of the war with Iran, but the resilience of digital **** ets may be a matter of timing.
Bitcoin, the largest token, and a cohort of smaller digital **** ets have been an oasis of calm relative to the volatility in equities, gold and oil. As crude oil has surged more than 40%, bullion is down roughly 5% for the month and the MSCI World Index is down 4%. Meanwhile, Bitcoin pushed through a crucial psychological mark of $75,000 on T
1 month ago
