Bitcoin trying to hold ground as global stocks tumble on Iran war

Global equity markets are selling off hard — but crypto isn’t making new lows.
U.S. markets:
• Nasdaq: -2.5%
• S&P 500: -2.3%
Europe hit even harder:
• Italy: -5%+
• Germany: -4%+
Precious metals, which ran to historic highs ahead of the conflict, are now plunging:
• Gold: -4.3%
• Silver: -7.5%
• Platinum: -11%
WTI crude continues higher, up another 8% to ~$77.
Meanwhile, Bitcoin is attempting to make a stand.
BTC briefly dropped near $66,000 earlier but has reclaimed $68,000. It’s down about 1% on the day — yet up over 2% from session lows.
ETH, SOL, and XRP are also recovering from their worst levels.
Crypto-related equities, however, remain under pressure:
• Robinhood: -7%
• Coinbase: -5%
• Strategy: -4%
• Bullish: -4%
• Circle: -1%
One key observation: despite rising yields, geopolitical tensions, and broad market stress, we’re not seeing major crypto liquidations.
Historically, Bitcoin absorbs weekend shocks as the only major liquid asset trading nonstop. This time, its relative stability compared to stocks and metals is notable.