Bitcoin was along for the ride this week as tensions between the U.S. and Iran alternately escalated and deescalated, moving sharply higher to almost $8,500 after news reports of Iran’s missile attack on U.S.-led forces in Iraq early on Wednesday, then falling back to just under $8,000 following President Trump's comments downplaying the situation. Predictably, bitcoin followed other traditional safe-haven assets, including gold and the Japanese yen. At the beginning of the crisis, it was widely reported that the bitcoin price in Iran had soared to around $24,000—this was based on a common misunderstanding of ... (full story)