๐ Arthur Hayes outlined several scenarios regarding the war between the U.S. and Iran and how they could impact bitcoin. His analysis focuses on the role of the Strait of Hormuz and potential changes in global trade, including greater use of gold and yuan.
๐ฐ Beyond the conflict, Hayes argues that the key will be liquidity: bitcoin could fall during moments of crisis, but recover if governments respond with monetary issuance to support the economy.
๐ The New York Stock Exchange celebrated with the ringing of the bell the success of the MSBT, the first bitcoin ETF issued by the major bank Morgan Stanley.
๐ The milestone validates the integration of BTC into traditional banking after capturing more than 100 million dollars in just its first week on the market.
๐ The NYSE distinction highlights the historical relevance of this product, which marked the most successful debut for a fund from the financial firm.
๐ Bitcoin reached USD 76,300 amid signs of peace in Iran, although the rise was halted by a subsequent slight correction in its price.
๐ Geopolitical stability boosts appetite for assets considered "risky", alleviating inflationary pressures and favoring market liquidity.
๐ค The rise follows Donald Trump's remarks about the possible end of the military conflict and the efforts of European leaders to reopen the Strait of Hormuz.
#ormuz #NYSE #BTC #MorganStanley #oro $BTC $XAU @CoinDesk @CoinMarketCap @Cointelegraph
๐ฐ Beyond the conflict, Hayes argues that the key will be liquidity: bitcoin could fall during moments of crisis, but recover if governments respond with monetary issuance to support the economy.
๐ The New York Stock Exchange celebrated with the ringing of the bell the success of the MSBT, the first bitcoin ETF issued by the major bank Morgan Stanley.
๐ The milestone validates the integration of BTC into traditional banking after capturing more than 100 million dollars in just its first week on the market.
๐ The NYSE distinction highlights the historical relevance of this product, which marked the most successful debut for a fund from the financial firm.
๐ Bitcoin reached USD 76,300 amid signs of peace in Iran, although the rise was halted by a subsequent slight correction in its price.
๐ Geopolitical stability boosts appetite for assets considered "risky", alleviating inflationary pressures and favoring market liquidity.
๐ค The rise follows Donald Trump's remarks about the possible end of the military conflict and the efforts of European leaders to reopen the Strait of Hormuz.
#ormuz #NYSE #BTC #MorganStanley #oro $BTC $XAU @CoinDesk @CoinMarketCap @Cointelegraph