Follow Us On the first weekend of the latest Middle-East escalation, crypto’s great marketing line was put on trial again: ‘BTC is digital gold.’ And, Bitcoin did what it often does when the world lurches into uncertainty; it jerked lower on the headline and then tried to find its feet. Analysts’ desks reported Bitcoin sliding under the mid-$60,000s as news of the US-Israel strikes on Iran hit weekend markets. The Wall Street Journal’s live coverage captured the same rhythm in plainer language: ‘a sharp drop immediately after the strikes, followed by a quick recovery to roughly pre-strike levels.’ Bloomberg, too, described erratic trading as the story evolved.
