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⛓️ Crypto🟢 BullishImportance 8/10

Crypto Led Global Markets After US–Iran Strike, Says Bitwise CIO

CryptoPotato|Mandy Williams||1 views
Crypto Led Global Markets After US–Iran Strike, Says Bitwise CIO
Image via CryptoPotato
🤖AI Summary

Bitwise CIO Matt Hougan observed that cryptocurrency markets led global price discovery during a US-Iran strike incident when traditional markets were closed. This highlights crypto's role as a 24/7 alternative market during geopolitical events when conventional exchanges are unavailable.

Key Takeaways
  • Cryptocurrency markets functioned as the primary venue for price discovery during a US-Iran geopolitical event.
  • Traditional exchanges were closed during the incident, leaving crypto as the main operational market.
  • The event demonstrates crypto's unique advantage of operating continuously without market hours restrictions.
  • On-chain markets proved their relevance during times of geopolitical uncertainty and traditional market closures.
Read Original →via CryptoPotato
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