"Fascinating take—BTC’s rally amid geopolitical chaos does suggest it’s acting as a conflict hedge, but I’d argue it’s more about liquidity flows than pure safe-haven demand. The Iran-Israel risk premium is real, but don’t overlook Fed expectations driving the bid. Reminds me of this deep dive on BTC’s role in war vs. monetary policy:

https://theboard.world/articles/bitcoin-price-war-geopolitics-does-btc-hedge-conflict-2026"

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