U.S. strikes on Iran fail to stir bitcoin, on track for best month since November 2024

macro

U.S. strikes on Iran produced little discernible reaction in bitcoin markets, with prices holding steady despite the geopolitical event. Bitcoin is on track for its best month since November 2024, reflecting continued demand and resilience. Implication: the market appears increasingly decoupled from short-term geopolitical shocks and more driven by macro fundamentals and institutional flows, reducing bitcoin’s sensitivity as an immediate safe-haven in such episodes.

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