🚨 Crypto Takes Center Stage During Global Crisis 🌍💥
Bitwise CIO Matt Hougan says the U.S. military strike on Iran marked a turning point for global finance, pushing crypto and onchain markets into a primary price discovery role.
Key points:
• Traditional markets (U.S. stocks, futures, global exchanges) were mostly closed, driving investors to 24/7 crypto platforms.
• Trading surged on decentralized venues like Hyperliquid.
• Tether’s tokenized gold ($XAUT) saw $300M+ daily volume.
• Prediction markets like Kalshi & Polymarket hit record highs.
• Bitcoin & Ethereum drew massive attention.
Hougan now believes onchain finance will integrate into core finance faster than expected. Hedge funds, banks, and pros must participate, or risk being left behind.
$BTC $ETH $XAU
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