[JPMorgan: Bitcoin Shows Safe-Haven Attributes During Iran Conflict, Stronger Than Gold and Silver] Odaily Planet Daily News - JPMorgan stated that in the context of the recent Iran conflict, Bitcoin exhibited characteristics similar to safe-haven assets, demonstrating greater resilience compared to gold and silver. Data shows that since March, gold prices have fallen by approximately 15%, with nearly $11 billion in outflows from gold ETFs. Meanwhile, the cumulative inflows into silver ETFs have essentially been fully reversed. In contrast, Bitcoin experienced net inflows during the same period, indicating relative strength. Analysts pointed out that gold and silver were previously at high levels, and with rising interest rates and a stronger dollar, the market saw profit-taking and position pullbacks. Bitcoin, on the other hand, attracted capital inflows during this phase, displaying behavior distinct from traditional safe-haven assets. Additionally, on-chain data revealed that crypto activity in the Iran region significantly increased during the conflict, with users transferring funds to self-custody wallets and overseas platforms. JPMorgan believes that Bitcoin's strong cross-border liquidity, support for self-custody, and 24/7 trading make it an important tool for fund transfers in environments of economic instability and capital controls.