🌍 GEOPOLITICAL STRESS ROUND - OIL THREATENED, BTC SAFE, FIRM $77.5K
Geopolitics weighed in today, but Bitcoin showed resilience again.
🛢️ OIL:
WTI +2% to $85.10 | Brent +1.9% to $92.39
Reason: US attack on an Iranian island in the Strait of Hormuz + Iran’s retaliation. The oil tanker route has been tense for 6 months already.
📉 TRADITIONAL MARKETS:
Gold -0.8% to $4,418
Nasdaq Futures -0.5% | Asian stocks down
₿ RESILIENT BITCOIN:
BTC $77,528 trading steady in Asia, near $77,580
In August: BTC +23% vs Gold +9% vs Nasdaq +4%
Altcoins pulled back slightly:
XRP -0.8% | SOL -0.6%
Why is BTC holding up?
→ Strong inflows in spot ETFs
→ Expectation of an aggressive Fed intervention after a Treasury bond buyback
August’s theme repeats: amid the chaos, BTC outperforms gold and stocks.
#Bitcoin #Geopolitics #Oil #Gold #ETF #Market
Geopolitics weighed in today, but Bitcoin showed resilience again.
🛢️ OIL:
WTI +2% to $85.10 | Brent +1.9% to $92.39
Reason: US attack on an Iranian island in the Strait of Hormuz + Iran’s retaliation. The oil tanker route has been tense for 6 months already.
📉 TRADITIONAL MARKETS:
Gold -0.8% to $4,418
Nasdaq Futures -0.5% | Asian stocks down
₿ RESILIENT BITCOIN:
BTC $77,528 trading steady in Asia, near $77,580
In August: BTC +23% vs Gold +9% vs Nasdaq +4%
Altcoins pulled back slightly:
XRP -0.8% | SOL -0.6%
Why is BTC holding up?
→ Strong inflows in spot ETFs
→ Expectation of an aggressive Fed intervention after a Treasury bond buyback
August’s theme repeats: amid the chaos, BTC outperforms gold and stocks.
#Bitcoin #Geopolitics #Oil #Gold #ETF #Market