Bitcoin in Iran Limbo as ‘Old Economy’ Assets Steal Limelight
The original cryptocurrency is beating stocks and gold since the Iran war broke out, but that says more about how far it had already fallen than where it’s headed. On Monday, Bitcoin rose as much as 3.6% before paring gains to trade at about $73,600 as of 12:00 p.m. in Singapore. A negative funding rate suggests short-sellers are paying a premium to maintain their positions, suggesting bearish market sentiment.
• Mar 16, 2026