<\/p>\n
The recent conflict in the Middle East has surprisingly not destabilized the financial markets, as one might expect. Instead, data analysis reveals a slight increase across various financial assets. Gold, historically considered a safe haven during volatile periods, experienced a 3.31% hike. Bitcoin, the leading cryptocurrency, has also increased by 1.74% since the start of the war.<\/p>\n
The SPX, Nasdaq, and DXY indices rose by 0.88%, 0.57%, and 0.27%, respectively, evidence of sustained market confidence. WTI Crude Oil, however, exhibited noticeable volatility, plunging from $90 to $82 per barrel before the war, regaining some ground to hover around $86. The Volatility Index (VIX) presented a similar scenario, jumping to 20 on Oct. 13 and then receding to just above 17 yesterday, Oct. 16.<\/p>\n
The high volatility of traditional financial assets like WTI Crude Oil might indicate a potential ripple effect on Bitcoin and other cryptocurrencies.<\/p>\n The post Bitcoin advances as gold and markets show resilience amid geopolitical unrest<\/a> appeared first on CryptoSlate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Quick Take The recent conflict in the Middle East has surprisingly not destabilized the financial markets, as one might expect. Instead, data analysis reveals a slight increase across various financial assets. Gold, historically considered a safe haven during volatile periods, experienced a 3.31% hike. Bitcoin, the leading cryptocurrency, has also increased by 1.74% since the […]<\/p>\n","protected":false},"author":2,"featured_media":175804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-175803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=175803"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175803\/revisions"}],"predecessor-version":[{"id":175805,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/175803\/revisions\/175805"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/175804"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=175803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=175803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=175803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}