Bitcoin could be the big winner if the U.S.-Iran conflict drags on for months
Macro strategist Mark Connors says war-driven spending, rising debt and lower interest rates could support bitcoin.
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Macro strategist Mark Connors says war-driven spending, rising debt and lower interest rates could support bitcoin.
WTI crude oil, which soared nearly 30% to $120 per barrel overnight, has pulled back to $95, easing pressure on risk assets.
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Bitcoin climbed during European trading hours even as U.S. equity futures, gold and silver fell, highlighting its relative resilience to oil shocks and war...
Bitcoin ETPs turned green year-to-date with $521 million inflows last week, as total crypto assets rebounded despite geopolitical tensions linked to Iran.
Bitcoin faced two death crosses and the total failure of the $74,000 BTC price breakout headed into the second week of March as the US-Iran conflict raged.
Bitcoin rebounded from around $65,725 to nearly $68,000 as oil pulled back from its 25% Sunday spike above $117 and market jitters eased.