$BTC When geopolitical tensions escalate, investors usually sell risk assets and turn to traditional safe-haven assets:
• International oil prices soar, with WTI crude futures rising by 6%
• Spot gold significantly rises, up over 0.7%, with prices breaking $3400 per ounce
• US stock futures are all down, with Nasdaq futures falling by 1.5%, and S&P 500 and Dow futures dropping over 1%
Although the market has described Bitcoin as "digital gold", its actual performance shows its safe-haven properties are unstable. During geopolitical crises, Bitcoin often behaves more like a risk asset rather than a safe-haven asset, with investors tending to sell Bitcoin to avoid risk.
$BTC # Israel-Iran Conflict