📉 $BTC should not follow stocks after de-escalation
Bitcoin fell to $59,700, while the stock markets rose as tensions eased in the Middle East.
This divergence suggests a decline in direct correlation with traditional assets during moments of geopolitical events.
Previously, $BTC often acted as a safe-haven asset, but its current trajectory points to other fundamental drivers.
The market is reassessing bitcoin’s role as an indicator of global risk.
This is creating a new paradigm for assessing risks in the crypto space.
📎 https://www.coindesk.com/tech/2026/06/29/bitcoin-dips-to-usd59-700-as-iran-de-escalation-lifts-stocks-but-not-crypto
Bitcoin fell to $59,700, while the stock markets rose as tensions eased in the Middle East.
This divergence suggests a decline in direct correlation with traditional assets during moments of geopolitical events.
Previously, $BTC often acted as a safe-haven asset, but its current trajectory points to other fundamental drivers.
The market is reassessing bitcoin’s role as an indicator of global risk.
This is creating a new paradigm for assessing risks in the crypto space.
📎 https://www.coindesk.com/tech/2026/06/29/bitcoin-dips-to-usd59-700-as-iran-de-escalation-lifts-stocks-but-not-crypto