**News Flash: Market Reactions to Middle East Tensions**
As tensions escalate in the Middle East, traditional safe-haven assets like gold and crude oil are on the rise. Gold surged 1.4% to $2,665 per ounce, nearing its all-time high, while crude oil spiked 7% to $72 per barrel. The US dollar and bonds also saw gains.
In contrast, Bitcoin (BTC) dropped over 3%, falling from $64,000 to $60,315, before recovering slightly to $61,800. This has reignited debates about Bitcoin's role as a safe-haven asset.
Financial experts suggest that investors are shifting from BTC to gold amid geopolitical fears, questioning Bitcoin's stability. However, some, like BlackRock CEO Larry Fink, still see Bitcoin as a potential inflation hedge.
Stay tuned for more updates as the situation unfolds.