I guess bitcoin helds relatively better because of the several reasons:

🔻 ETF lock-in effect - Spot ETFs still hold $88 billion in $BTC , roughly 6% of circulating supply, and institutional allocators with long-only mandates can't rapidly exit #Bitcoin positions the way they can equities. Capitalstreetfx They're structurally stuck. That's not Bitcoin "winning" - that's liquidity mechanics.

🔻Sanction-resistance narrative - Some sovereign and hedge fund capital is treating BTC as a partial hedge because it resists seizure. Makes sense in an Iran-conflict world. This is real, but niche.

🔻Selling is already exhausted - Long-term holders' net selling has collapsed 87% since February 5, and miner capitulation has eased sharply. BeInCrypto When the sellers run out of coins to dump, price stabilizes. Not the same as "strength."

What's actually happening right now?

The market context you're probably referencing: the ongoing US-Israel military campaign against Iran has become the defining macro variable for all risk assets, with oil surging 60%+ since January and Hormuz risk driving extreme fear (Fear & Greed at 8/100). Capitalstreetfx

Here's where the "Bitcoin is winning" argument gets some legs: Bitcoin showed unusual resilience relative to traditional equities during the oil shock - the Nikkei fell more than 6% while $BTC held near $67K, which is being cited as reinforcing its emerging role as a geopolitical hedge for institutional allocators. Capitalstreetfx

#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?##BitcoinHits$75K #BTC