Bitcoin’s Two Use Cases Are Fueling Its Surge During Geopolitical Turmoil

Bitcoin’s Two Use Cases Are Fueling Its Surge During Geopolitical Turmoil

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Bitcoin’s latest rally is defying a long-standing market assumption – that the cryptocurrency behaves like a risk asset during geopolitical crises. The world’s largest digital asset climbed to nearly $75,000, its highest level in almost a month, even as tensions in the Middle East escalated. While traditional markets wavered, Bitcoin moved in the opposite direction. According to Matt Hougan, the move is not coincidental. Instead, he argues that Bitcoin is benefiting directly from geopolitical instability, challenging the notion that it should fall during periods of increased uncertainty. Since US and Israeli a

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