Bitcoin, Stable even amid Middle Eastern crisis compared to stocks… “Establishing as a major asset”

Amid rising geopolitical tensions in the Middle East, Bitcoin's volatility has been found to be lower than that of major U.S. stock indices. CoinTelegraph, citing data from asset manager Bitwise, reported that Bitcoin's 60-day realized volatility is currently at the 27-28% level. This is lower compared to 30% for the S&P 500 and 35% for the Nasdaq.

In the past, Bitcoin showed vulnerability to international instability. For example, during the outbreak of the Russia-Ukraine war in February 2022, Bitcoin's realized volatility soared to 60-65%. However, despite the recent escalation of military tensions surrounding the Middle East, Bitcoin's volatility has maintained a relatively stable flow.

This is interpreted as a signal that Bitcoin is strengthening its position as a major asset group, rather than just a speculative asset. Especially in times of increasing interest in safe assets, Bitcoin's relative stability can become a factor that attracts the attention of investors.