Bitcoin Outperforms Equities as Asia Markets Reel From Iran Strikes

Asian markets plunged on Monday as the fallout from US and Israeli military strikes on Iran sent oil surging, stocks tumbling, and investors scrambling for safe havens — but Bitcoin held up better than expected, trading around $66,500 after a weekend that saw it swing between $63,000 and $68,000. With the Strait of Hormuz effectively shut and Brent crude up as much as 13%, the conflict is now testing whether Bitcoin’s 24/7 liquidity makes it a crisis shock absorber or just another risk asset caught in the downdraft. Asia Opens in the Red, Then Pares Losses Japan’s Nikkei plunged as much as 2. 15% at the open, shedding over 1,260 points source: https://beincrypto.com/bitcoin-outperforms-asia-equity-markets/