JPMorgan Says Bitcoin Is Beating Gold And Silver During The Iran War

24 hours ago

JPMorgan says the Iran war has produced an unusual

JPMorgan Says Bitcoin Is Beating Gold And Silver During The Iran War

JPMorgan Says Bitcoin Is Beating Gold And Silver During The Iran War

JPMorgan says the Iran war has produced an unusual market split: bitcoin is showing signs of safe-haven demand while gold and silver, the traditional geopolitical hedges, have weakened under the pressure of outflows, profit-taking and deteriorating liquidity.

Bitcoin must break above $74,500, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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