Bitcoin (CRYPTO: BTC) reclaimed $75,000 this week, erasing all losses since the Iran war began — and according to Anthony Pompliano, that price action just proved something historic.
In a wide-ranging conversation with his son John on The Pomp Podcast, Pompliano argued that Bitcoin has officially “transcended” its identity as a risk-on tech proxy, decoupled from equities, and is now trading as a neutral, non-sovereign store of value in a world at war.
The War Trade Broke Every Prediction
When the U.S. began bombing Iran, the consensus trade was textbook: stocks up on defense spending, oil up on supply disruption, bonds down on inflation fears, and Bitcoin down as a risk asset.
Every single one of those predictions was wrong — except oil.
Bitcoin outperformed every major asset class during active conflict, Pompliano said: “If you need to move money around the world during conflict, Bitcoin becomes …Full story available on Benzinga.com
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