Bitcoin has demonstrated greater resilience than oil and stocks in responding to the recent escalation of the Iran situation, even as traditional markets adjust to Middle East risks, Bitcoin has only experienced a slight decline.

The recent escalation, including regaining control of the Strait of Hormuz and the US threat to Iran's infrastructure, reversed the three-week downward trend in the risk value of energy and stock sector wars.

After each Iran-related shock, Bitcoin sell-offs gradually subside, indicating that this cryptocurrency may largely reflect geopolitical risks. Traders are closely monitoring bond yields, the US dollar trend, and key levels around $74,000 to $73,000 to verify Bitcoin's role as a tool for mitigating geopolitical risks. $BTC