Why Bitcoin is a defensive asset

Markets cracked, oil surged, Bitcoin dipped, and Larry Fink is warning that a prolonged geopolitical shock could push the world toward recession. This breakdown connects the dots between higher energy prices, sticky inflation, collapsing equities, and why scarce assets matter now more than ever. If fiat gets printed harder and consumers get squeezed, Bitcoin starts looking less like a trade and more like the exit.

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