Bitcoin shrugs off Tehran tensions like a boss

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The world’s teetering on the edge of World War III, stock traders are sweating through their tailored suits, and Bitcoin?

It’s over here sipping a martini, cool af. Crypto markets just pulled off the ultimate talk to the hand move, brushing off Middle East chaos like it’s a minor office Wi-Fi outage.

$80 billion dip

Late Monday night, as missiles flew between Israel and Iran, the crypto market coughed up $80 billion like someone accidentally unplugged the server.

Bitcoin dipped to $106,500, then shrugged and climbed back to $107,000 faster than you can say “Ctrl+Alt+Del.” This ain’t 2021, guys. Crypto’s got thicker skin now.

Compare that to June 6, when the market tanked twice as hard because Donald Trump and Elon Musk stopped being BFFs. Priorities?

Trump’s early exit

The drama started when Trump bounced from the G7 summit, muttering about obvious reasons like a guy who just remembered he left the stove on. Then he took to social media to scold Iran.

“Should’ve signed my deal, pal. No nukes for you.”

Meanwhile, China and Russia told their citizens to scram from Tel Aviv.

The White House played it cool, insisting, we’re just here to defend American interests, while Polymarket bettors slapped a 67% chance on U.S. military action by month’s end.

Crypto’s immunity boost

If crypto’s reaction was a sneeze, traditional markets barely flinched. The S&P 500’s chilling 2% below its all-time high.

As the Kobeissi Letter put it, if World War III were really on the table, you think stocks would be this chill?

Bitcoin’s been range-bound since May, bouncing between $100k and $110k like it’s stuck in a Zoom meeting that could’ve been an email. Ethereum?

Tapped $2,500 support and bounced back like it’s got springs in its shoes.

So, are digital assets the new gold, a safe haven when the world’s on fire? Or is this just another case of numb to the noise? Either way, crypto’s sending a message, it’s stronger now than before.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

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