Bitcoin rises toward $80K alongside gold as oil surges and equities slide

Bitcoin climbed to a high of $79,700 as global markets reacted to heightened geopolitical tensions following Iranian strikes. Brent crude oil crossed the $100-per-barrel mark amid the turbulence, while European equity markets declined. Notably, Bitcoin appeared to track gold's movement rather than that of traditional stocks during the selloff. The divergence suggests a potential shift in how investors are treating crypto assets during periods of geopolitical uncertainty.
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