Bloomberg: Bitcoin is the first global market reaction indicator after the death of Iran's Supreme Leader A Bloomberg TV anchor pointed out during the program that after the news of Iran's Supreme Leader's death was confirmed, Bitcoin quickly rebounded from $63,000 to $68,000. The key term here is—global 'risk mitigation,' and Bitcoin perfectly reflects the release of this market sentiment. Due to the 24/7 trading and high liquidity of the crypto market, Bitcoin is gradually becoming the first market indicator for capital reactions during major global events.