The escalating Iran-Israel tensions have shaken the crypto market, putting a pause on the anticipated “Uptober” rally.
Bitcoin fell to a two-week low of $60,300, while gold surged to $2,673 per ounce, as investors sought safety in traditional assets.
This sudden shift has reignited debate on Bitcoin’s status as a reliable safe-haven asset during geopolitical crises.
Despite the sell-off, Bitcoiners remain optimistic, defending its long-term value as a hedge, while gold continues to shine in the short term.
