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Bitcoin (BTC) continues to demonstrate significant resilience during the ongoing conflict involving Iran, outperforming traditional equities and gold. Analyst Anthony Pompliano suggests that the leading cryptocurrency is increasingly behaving as a crisis hedge rather than a high-beta tech asset. This stability is particularly notable as crypto market sentiment has fluctuated between 'Fear' and 'Extreme Fear' since February 28. Furthermore, Bitcoin's current performance is viewed as a strong recovery following a previous 40% market crash. This decoupling from traditional risk-on assets reinforces its narrative as a digital safe haven despite heightened market anxiety. Investors are closely watching how BTC maintains its strength relative to XAU/USD and the SPY index as geopolitical tensions persist.
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