US strikes on Iran: Oil plunges 7%, Bitcoin remains unmoved
Original headlineFrappes US sur l’Iran : le pétrole plonge de 7 %, Bitcoin ne bronche pas
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US strikes on Iran's Qeshm island sent oil prices plunging, with Brent crude falling 7.6% to $104.77, while gold rebounded toward $3,950 and Bitcoin remained flat around $77,000. The strikes came on the eve of the US midterm elections, adding geopolitical uncertainty to an already tense macro backdrop. The divergence highlights Bitcoin's decoupling from traditional safe-haven flows, as capital rotated into gold and energy rather than crypto. Markets will be watching whether the Iran escalation escalates further, how oil volatility feeds into inflation expectations, and whether Bitcoin holds its level through the midterm vote.
Muhabbit's AI wrote this summary in its own words from Journal du Coin's report and translated it from French. It can get details wrong, so check the source.
Named in this story
Iran, United States, Brent (OIL), Qeshm, Bitcoin (BTC)
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