Bitcoin Surprises as Oasis of Calm While Iran War Jolts Markets

Bitcoin, the largest token, and a cohort of smaller digital assets have been an oasis of calm relative to the volatility in equities, gold and oil. Meanwhile, Bitcoin pushed through a crucial psychological mark of $75,000 on Tuesday in Asia, taking its gains since the war started at the end of February to nearly 14%. “Bitcoin’s resilience here is less about narrative and more about mechanics,” said Rachael Lucas, an analyst at BTC Markets.