Amid recent days of geopolitical tension, an interesting market phenomenon is occurring. Usually, during risk-off periods, stocks are sold off, but Bitcoin is actually outperforming stocks. Seeing this trend continue for three consecutive days suggests that digital assets are no longer just speculative instruments but are beginning to function as a hedge in portfolios.

In the past, cryptocurrencies were considered high-risk assets, but that position has shifted over the past few years. Especially Bitcoin, with its fundamental characteristic of a fixed supply, tends to be bought during inflationary or risk-off phases. It has started to resemble gold in its properties.

By the way, within the crypto market, there are various assets. For example, what is LDO? It’s a token related to Ethereum staking, but among these diverse assets, Bitcoin’s robustness remains unmatched. During times of increased geopolitical risk, Bitcoin’s relative strength becomes particularly noticeable.

In such situations, as the market moves away from risk assets, demand for stable cryptocurrencies increases. The fact that Bitcoin continues to be bought amid rising stock market volatility is evidence of this. If geopolitical uncertainty persists, this trend may continue for some time.