As Israel, Iran Tensions Rattle Markets, Will Bitcoin Act as a Safe Haven? - Decrypt

The article discusses the fluctuating price of Bitcoin amidst geopolitical tensions, particularly the conflict between Israel and Iran. Despite Bitcoin's reputation as a "store of value" against inflation, it hasn't consistently performed well in times of geopolitical instability. BlackRock highlights Bitcoin's potential as a hedge, but traditional assets like gold and U.S. Treasury bonds remain more reliable during such crises. The relationship between cryptocurrency, financial technology, and the economic environment, as reflected in the key concept and tags, underscores Bitcoin's evolving role in global finance.