Bitcoin has outperformed gold by 36% since the start of the Iran war 👀
https://i.redd.it/kir1bej9e40h1.jpeg
Posted by Prize_Chapter_5113
Bitcoin has outperformed gold by 36% since the start of the Iran war 👀
https://i.redd.it/kir1bej9e40h1.jpeg
Posted by Prize_Chapter_5113
6 Comments
If 2 months look good check out the same comparison over the last 12 months.
Slight drop from all time high vs slight recovery after 50% drop
Interesting because classic theory says gold should outperform during geopolitical stress. Gold reacted like a fear asset, while BTC reacted more like a high-beta liquidity asset. Right now liquidity is winning.
Fear moves markets fast. Liquidity moves them far.
“Who cares you can’t wear Bitcoin”
So bitcoin just needs some stupid wars to survive. Plus both members of those wars promoting illegal transactions made on it…
That’s but but btc is so unpredictable in wars..it can go either way…