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Why would a war with Iran affect the price of Bitcoin? Anonymous 02/03/26(Tue)18:21:41 No.61781563 [Reply]▶
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>>61781563
Because, since "Bitcoin" got institutionalized, considering that banks and asset managers have it categorized as scary scary crypto asset and therefore their risk models consider BTC as a risk-on asset quite like equities, and so they pump/dump it with equities, this is why BTC correlation vs equities has been going up and is now around 90% I think.
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