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Bitcoin Defies Geopolitical Turmoil: Why the Sudden Rally to $74,861?

Bitcoin Defies Geopolitical Turmoil: Why the Sudden Rally to $74,861?

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2026-03-16 10:35:50

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Why is Bitcoin suddenly rallying?

Bitcoin surged 4.3% to $74,861 Monday as digital assets outperformed traditional safe havens amid escalating Middle East tensions, with the flagship cryptocurrency posting a 12% monthly gain while gold fell 5% since the Iran conflict began. The rally in BTC, ETH, SOL, and XRP comes despite oil hovering near $100 per barrel and worsening U.S.-Iran relations, signaling crypto's emerging role as a geopolitical hedge as traditional markets remain on edge.

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