Bitcoin Plunges, But Outperforms Gold
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Bitcoins first quarter of 2026 saw a significant drop, losing nearly a quarter of its value due to war tensions, new tariffs, and a firm Federal Reserve stance. Despite this, Bitcoin underperformed gold and the Nasdaq during the Iran conflict. Market watchers view this as a macro reset, not a crypto flaw. Bitcoin ETFs hold over $100 billion, and liquidity has improved. Riot Platforms, a Bitcoin miner, sold $250 million worth of coins. The Feds policy and Middle East peace are key factors for Bitcoins next move, currently hovering around $66,830.
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