Bitcoin holds steady as U.S.-Iran tensions lift oil and pressure stocks

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Bitcoin showed resilience amid the latest escalation in geopolitical tensions between the U.S. and Iran. While traditional markets reacted negatively, with stocks falling and oil prices rising, Bitcoin remained largely unmoved. The cryptocurrency has maintained its position as August's best-performing asset despite the turbulent backdrop. The divergence highlights Bitcoin's growing reputation as a potential hedge against geopolitical uncertainty. The contrast in asset performance has drawn attention from investors monitoring safe-haven behavior across markets.

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