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Bitcoin outperforms gold and stocks since beginning of Iran war
During the week and a half since the U.S.-Israeli attack on Iran, Bitcoin is doing better than gold and stocks. Since the start of the war, the original cryptocurrency is up about 7%, and on Wednesday was trading at around $71,000, according to Binance. Gold has stayed at virtually the same price, trading at about $5,240, which is roughly where it was the morning of February 28, when the first strikes hit Iran. The S&P 500 is down about 1% during that time. Bitcoin’s performance is a welcome sight for those in the digital assets sector, as the original cryptocurrency previously had a woeful few months. It ... (full story)
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