Overview
- Bitcoin has held up better than stocks, bonds, and gold since the first strikes on Iran, with reporting citing gains of about 7% and recent trades near $71,000 to $72,000.
- Anthony Pompliano argues the coin is acting as a crisis hedge, saying investors view it as a neutral asset that is not tied to any single country.
- He highlights a sharp drop in price swings, noting volatility has fallen from roughly 80–90 to around 40 even as trading interest stays firm.
- Other analysts counter that Bitcoin still behaves like a risk asset, citing links to tech benchmarks, a range near $65,000 to $73,000, and the risk of another 20% slide.
- Market analyses show Bitcoin briefly dipped toward $63,000 after the first attacks, then outpaced most assets except oil as it ground higher over the following weeks.