Bitcoin hovers below $65,000 as Middle East tensions escalate further
Brent crude has meanwhile moved to over $83 a barrel after Yemen’s Iran-linked Houthis attacked Saudi Arabia, further escalating tensions in the Middle East.
Source: CoinDesk
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DW NOTE
Bitcoin is flat at $64,700 while gold rallies 1.5% to $4,300 — which tells you all you need to know about the digital-gold thesis when actual risk appears. Brent crude at $83 with the Strait of Hormuz closed for four months is the real story: either supply disruptions no longer matter to oil markets, or traders are pricing in the U.S.-Iran deal before it exists.