Bitget App
Trade smarter
QCP Capital: Iran’s attack on Israel triggered market panic, BTC may be used as a macro hedge
2024/04/14 09:47
According to Wu Shuo, QCP Capital pointed out that Iran’s attack on Israel triggered market panic. BTC was likely used as a proxy macro hedge over the weekend and thus bore the full brunt of the immediate risk-off reaction. It’s worth noting that buying the dip has historically been a profitable trade when major geopolitical conflicts erupt.
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Hyperliquid launches cross-margin automatic deleveraging (ADL) liquidation system
Chaincatcher•2025/11/28 08:05
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$91,648.04
+0.16%
Ethereum
ETH
$3,062.09
+1.16%
Tether USDt
USDT
$0.9999
-0.00%
XRP
XRP
$2.24
+1.94%
BNB
BNB
$893.17
-0.01%
Solana
SOL
$142.29
-0.06%
USDC
USDC
$0.9998
-0.01%
TRON
TRX
$0.2803
+1.41%
Dogecoin
DOGE
$0.1528
-0.47%
Cardano
ADA
$0.4351
+0.26%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now