During the Iran-Israel conflict, Bitcoin rose by 10%, while the stock market declined. ETF managers highlighted Bitcoin's diversification advantages and claimed that the "crypto winter" has bottomed out. Kim Arthur from Main Management pointed out that positive regulatory developments and the current lag of Bitcoin prices behind fundamental improvements have created a healthier market environment. He also distinguished Bitcoin from stablecoins, noting that stablecoins are mainly used for cryptocurrency trading, while Bitcoin is a speculative digital asset.

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