Uh oh, it’s starting again: People are again debating whether bitcoin (BTC) is actually a hedge.
The conversations began on Saturday, after the cryptocurrency tanked nearly 10% — from around $70,000 to below $62,000 — following Iran’s failed missile attack on Gaza. The move inspired a few columns on Monday, including insightful ones from Fortune’s Jeff John Roberts, which put it in context of gold’s 17% rally, and Blockwork’s Casey Wagner, who looked at how gas prices tend to move during crises in the Middle East.
Read more from CoinDesk’s “Future of Bitcoin” package. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto
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