The global financial markets have been experiencing significant volatility in recent times due to the escalating military conflicts involving the United States, Israel, and Iran. The conflict has triggered a surge in Brent crude oil prices, causing renewed fears of prolonged global inflation.
Interestingly, amidst the equity market panic, the crypto market is showing an anomaly. Bitcoin and other major cryptocurrencies have shown remarkable resilience, reversing course and being positioned by some investors as an alternative safe-haven asset amid geopolitical uncertainty.