Bitcoin is a real-time sentiment gauge for weekend warmongering

Bitcoin reacted to Iran war news while stock markets were closed, showing how crypto is becoming a real-time gauge of macro risk.

Crypto markets became the first outlet for investor reaction after US and Israeli strikes on Iran rattled global sentiment over the weekend.

At around 7:30 am (UTC) on Saturday, or in the wee hours of Wall Street, US President Donald Trump posted a video to announce that the US and Israel had launched attacks against Iran. Bitcoin (BTC) immediately reacted and dropped to around $63,000.

Meanwhile, traders rushed to crypto-native platforms to trade commodities futures while traditional markets remained closed.

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